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One of the features of an oligopoly market is that the pricing strategy of producers

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One of the features of an oligopoly market is that the pricing strategy of producers

A.

is conditioned by the expected reaction of rival producers

B.

tends to ignore expectations about consumer reactions

C.

is constrained by the absence of barriers to entry into the industry

D.

is largely determined by government competition rules

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TESTED 02 Aug 2025