The Distinguishing Features of Oligopoly Are ________ and ________ in the Industry

question 32

Multiple Choice

The distinguishing features of oligopoly are ________ and ________ in the industry.

• A)no barriers to entry;a small number of firms
• B)barriers to entry;a large number of firms
• C)no barriers to entry;a large number of firms
• D)barriers to entry;one firm
• E)barriers to entry;a small number of firms

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Definitions:

Dissociative Amnesia

A psychological condition characterized by temporary memory loss, often associated with traumatic events, excluding forgetfulness from organic disorders.

Dissociative Fugue

A psychological state in which a person loses awareness of their identity or other important autobiographical information and also engages in unexpected travel.

Schizophrenic Disorder

A chronic mental health disorder characterized by distortions in thinking, perception, emotions, language, sense of self, and behavior.

Seligman's Preparedness

The theory suggesting that organisms are evolutionarily predisposed to learn certain types of associations more easily than others, contributing to phobias and fears.