What Is the Most Important Characteristic of Oligopoly

question 46

Multiple Choice

What is the most important characteristic of oligopoly?

• A)firms have market power
• B)product differentiation
• C)barriers to entry
• D)interdependence of profits

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Definitions:

Conjunctive Adverbs

Adverbs that function to connect two independent clauses, providing a transition that indicates a relationship between them, such as contrast or cause and effect.

Punctuated Correctly

Phrasing that has been correctly marked with commas, periods, and other punctuation marks to clarify meaning and enhance readability.

Pronounce English Words

the act of making the sounds of letters and words according to the rules of English.

Conjunctions

Expressions that serve to join clauses or sentences, or to align words in a single clause, examples include "and," "but," and "if."