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The equilibrium quantity in markets characterized by oligopoly is

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The equilibrium quantity in markets characterized by oligopoly is

lower than in monopoly markets and lower than in perfectly competitive markets.

0%

higher than in monopoly markets and higher than in perfectly competitive markets.

0%

lower than in monopoly markets and higher than in perfectly competitive markets.

0%

higher than in monopoly markets and lower than in perfectly competitive markets.

0%

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