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Under oligopolistic competition ________. the market consists of a single dominant seller the market consists of many buyers and sellers who trade over a range of prices rather than a single market price sellers are typically unresponsive to competitors' pricing strategies and marketing moves the market consists of numerous small sellers the market consists of only a few large sellers

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veronicaculs

Answer:

Under oligopolistic competition  the market consists of only a few large sellers

Explanation:

  • Oligopolistic competition is a situation where there are few sellers, who individually can influenced over prices or quantities on the market, conditioned to others' sellers actions.
  • In oligopolistic competition interactions between competitors is strategic: each of them takes  into account others sellers possible actions before acting.

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