Pure oligopoly is based on the __________ products

differentiated

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homogeneous

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unrelated

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none of the above

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Solution

The correct option is B homogeneous
Oligopoly market sells homogeneous or differentiated products but pure oligopoly market is based on the homogeneous products.

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Pure oligopoly is based on the __________ products

The correct option is B homogeneousOligopoly market sells homogeneous or differentiated products but pure oligopoly market is based on the homogeneous products.

The correct option is B homogeneous
Oligopoly market sells homogeneous or differentiated products but pure oligopoly market is based on the homogeneous products.