alleryMatch duopoly form: 1. Duopoly: p. Two cos 2. Power: q. Big share 3. Type: r. Oligopoly
A1-p, 2-q, 3-r
B1-p, 2-r, 3-q
C1-q, 2-p, 3-r
D1-r, 2-p, 3-q
Answer & Solution
Correct answer: A. 1-p, 2-q, 3-r
A duopoly is a specific case of oligopoly where two firms operate and hold power over the market.
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