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As the number of firms in an oligopoly increases, a. the total quantity of output produced by firms in the market gets closer to the socially efficient quantity. b. the oligopoly has more market power and firms earn a greater profit. c. the output effect decreases. d. each seller becomes more concerned about its impact on the market price
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As the number of firms in an oligopoly increases, a. the total quantity of output produced by firms...
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