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One characteristic of an oligopoly market structure is:O A. firms in the industry have some degree of market power.O B. firms in the industry are typically characterized by very diverse product lines.O C. the actions of one seller have no impact on the profitability of other sellers.O D. products typically sell at a price that reflects their marginal cost of production.
Theoretically, service capacity must exceed demand, lest queues become infinitely long. If capacity does not exceed demand, what is likely to happen? O A. All of these O B. Servers will eliminate time-consuming portions of their jobs, thereby increasing capacity. O C. Customers will renege or balk, thereby reducing demand. O D. Servers will decrease time spent per customer, thereby increasing capacity.
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