The Distinguishing Features of Oligopoly Are ________ and a ________

question 67

Multiple Choice

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

• A) barriers to entry; large number of firms
• B) no barriers to entry; few firms
• C) barriers to entry; few firms
• D) no barriers to entry; large number of firms

---

Definitions:

Karl Lashley

a prominent psychologist and behaviorist remembered for his contributions to the study of learning and memory.

Cerebral Hemisphere

One of the two halves of the brain, each governing distinct functions, with the left typically managing logic and language, and the right handling spatial abilities and creativity.

Cortexes

The outermost layers of brain tissue, playing critical roles in high-level functions such as consciousness, thought, emotion, reasoning, language, and memory.

Cell Theory

A scientific theory that describes cells as the basic unit of life, states that all living things are composed of cells, and asserts that all cells arise from pre-existing cells.