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In terms of Oligopoly, which statement is correct?

A. In an oligopoly, there is only one firm that makes up an industry.

B. In an oligopoly, there are two firms that makes up an industry.

C. In an oligopoly, there is only a few that make up an industry.

D. In an oligopoly, there is on firm that makes up an industry.

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সঠিক উত্তরঃ C. In an oligopoly, there is only a few that make up an industry.

Explanation: