Which of the following is a feature of an oligopoly? a. group behavior among firms b. firms that are all similar in size c. low barriers to entry d. highly flexible pricing
Which of the following is a feature of an oligopoly? a. group behavior among firms b. firms that are all similar in size c. low barriers to entry d. highly flexible pricing
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter10: Monopolistic Competition And Oligoply
Section: Chapter Questions
Problem 10SQ: An oligopoly is a market structure in which a. one firm has 100 percent of a market. b. there are...
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Which of the following is a feature of an oligopoly?
a. group behavior among firms
b. firms that are all similar in size
c. low barriers to entry
d. highly flexible pricing
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