A market condition featuring a small group of producers controlling the supply is called

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asked May 4, 2024 26.7k views

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Nomce · Answer 1 · 2024-05-10T15:21:44+0000

A market condition featuring a small group of producers controlling the supply is called an oligopoly. In an oligopoly market, a few large firms dominate the market and have significant control over the price and supply of goods or services.

A market condition featuring a small group of producers controlling the supply is called

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