Elucidate your reasons as to whether oligopolies

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Reference no: EM1354666

For each of the following, state whether you agree or disagree. Explain your reasoning.

a. Oligopolies are always bad for society.

b. The beer industry has a few large firms and many small firms. Therefore, we would not call it an oligopoly.

Elucidate your reasons as to whether oligopolies are bad for society in part a and how it applies to the beer industry in part b. Submit your analysis in a one to three page paper.

Reference no: EM1354666

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