Business, 13.02.2020 18:41 quarrella

Which of the following best states the main difference between a monopoly and an oligopoly?
A:Monopolies have a slightly lower level of market concentration than oligopolies.
B:Neither a monopoly nor an oligopoly presents significant barriers to entering the industry.
C:Oligopolies involve more than one company while monopolies involve only one.
D:Both monopolies and oligopolies involve a very low level of competition.

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Which of the following best states the main difference between a monopoly and an oligopoly?
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