An Oligopoly Could Occur for the Following Reasons

question 93

Multiple Choice

An oligopoly could occur for the following reasons:

• A)advertising campaigns.
• B)economics of scale in production.
• C)government barriers to entry.
• D)all of the above

---

Definitions:

Phenotypes

The observable characteristics or traits of an organism that result from the interaction of its genotype with the environment.

Recessive Traits

Traits that are expressed in an organism's phenotype only when two copies of the recessive allele are present.

Blue Eyes

An eye color resulting from a lower concentration of melanin in the iris, allowing light to scatter in a way that makes the eyes appear blue.

Cystic Fibrosis

Cystic Fibrosis is a genetic disorder that affects the respiratory and digestive systems, leading to thick mucus production and respiratory infections.