Pure oligopoly is based on the mdash mdash mdash mdash ndash products ........

Pure oligopoly is based on the————– products.

differentiated

homogeneous

unrelated

None of these

- Option 1: Differentiated

- Differentiated products mean that they are similar but have variations in features, quality, or branding.

- This is seen in monopolistic competition rather than pure oligopolies.

- Option 2: Homogeneous

- Homogeneous products are identical or very similar, making them interchangeable.

- In a pure oligopoly, companies offer products that are practically the same, like raw materials or basic commodities.

- This option is correct for pure oligopoly.

- Option 3: Unrelated

- Unrelated products have no connection or similarities in function or form.

- This would not apply to an oligopoly.

- Option 4: None of these

- This would imply that none of the given options accurately describe products in a pure oligopoly.

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