As the number of sellers in an oligopoly grows larger, an oligopolistic market looks more like?

804Active Users

804Active Users

195EconomicsMedium

Aa competitive market

Bmonopoly

Ca collusion solution

Dmonopolistic competition

Correct answer

A. a competitive market

Explanation

The correct answer is a competitive market.

As the number of sellers in an oligopoly grows larger, an oligopolistic market looks more like? - Answer and Explanation | Academy of Pakistan