Final answer:
Oligopoly is a market structure where few large firms dominate and interdependence among firms influences decision-making.
Explanation:
Oligopoly is a market structure characterized by few large firms dominating the market and significant barriers to entry. In an oligopoly, firms recognize their interdependence and their decisions are influenced by the actions of other firms in the industry. This structure leads to competition and strategic decision-making among the limited number of firms.
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