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Instructions Question.6 Which of the following statements is true? Q prices are higher when an oligopoly market is compared to competitive markets output will be higher for oligopoly market, than under monopoly prices are lower when an oligopoly market compared to monopoly prices Compared to an oligopoly market, the monopoly output is higher Previous No new data to save. Last check
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Prices are higher when an oligopoly market is compared to competitive markets is true. Hence, option(A) is correct.

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