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(Last word) which market structure best characterizes the various internet markets?

a. differentiated oligopoly.
b. homogeneous oligopoly.
c. monopolistic competition.
d. pure monopoly.

1 Answer

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The answer to the given question above is option A. Differentiated oligopoly is the market structure that best describes different internet markets. When we say differentiated oligopoly, this is when different markets produce the same product but make a slight difference in order to differ their prices. Hope this helps.
User Piers Myers
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