Products ________ in the oligopolistic market structure.

A) are always homogeneous
B) are always differentiated
C) are always unique
D) may be homogeneous or differentiated

Oligopolistic Market

A market structure characterized by a small number of firms that have significant control over market prices and competition.

Homogeneous Products

Products that are essentially identical, offered by different firms within a market, with no product differentiation.

Differentiated Products

Goods that are distinguished from similar products based on quality, features, and branding to create perceived differences appealing to diverse consumer segments.