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Question
There are fewer than half as many publishers of college textbooks in the United States now as a generation ago. Three companies alone account for almost two -thirds of the sale of new textbooks. This market situation characterized by very few sellers is known as
A) an oligopoly.
B) perfect competition.
C) pure monopoly.
D) monopolistic competition.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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