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How would you contrast the efficiencies of oligopoly with those of monopoly?

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Economics

How would you contrast the efficiencies of oligopoly with thoseof monopoly?

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If a market contains a single firm which mainly produces goods that too with no kind of close substitute then it is a monopoly market but in case of an oligopoly market it has very small number of relatively large firms which mainly produces similar products with a slight difference Monopoly is a kind of market    See Answer
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