Answer
d. equal to, more than
Work Step by Step
As the number of firms in an oligopoly grows large, the industry approaches a level of output that is equal to the competitive level and more than the monopoly level.
Principles of Economics, 7th Edition
by Mankiw, N. Gregory
Published by
South-Western College
ISBN 10:
128516587X
ISBN 13:
978-1-28516-587-5
Chapter 17 - Part V - Oligopoly - Quick Check Multiple Choice - Page 367: 4
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