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Answer to Question #330621 in Microeconomics for namra

Question #330621

The Organisation of Petroleum Exporting Countries (OPEC) is an example of which


form of market structure? Discuss its characteristic features.

1
Expert's answer
2022-04-19T15:23:27-0400

The Organisation of Petroleum Exporting Countries (OPEC) is an example of an oligopolistic market structure with a cartel.


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