CFA Practice Question

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CFA Practice Question

Which of the following is not a characteristic of an oligopoly?

A. Many small firms
B. Economies of scale
C. Differentiated products
Correct Answer: A

User Contributed Comments 2

User Comment
mordja Is there a requirement for differentiated products?
Xocrevilo Differentiated products CAN be a feature of an oligopoly, but is not a necessary feature. Only A is not a necessary feature.
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