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Untrue of an oligopoly

This is untrue of an oligopoly which: (i) only a few firms dominate a market. (ii) entry barriers may be important. (iii) economic profit are possible in the long run. (iv) no close substitutes exist for the product of any firm. (v) market power is shared.

I need a good answer on the topic of Economics problems. Please give me your suggestion for the same by using above options.

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