Which of the Following Is a Characteristic of Oligopoly

question 97

Multiple Choice

Which of the following is a characteristic of oligopoly?

• A)Prices are usually above marginal costs.
• B)The industry usually has a low concentration ratio.
• C)The pricing policies of one firm have no impact on pricing policies of other firms.
• D)Firms compete solely on the basis of price.
• E)There are large numbers of significantly sized sellers.

---

Definitions:

Emotional Disturbances

A condition characterized by significant difficulty in emotional regulation, impacting daily functioning.

Control Groups

In experimental research, groups of participants who do not receive the experimental treatment, allowing for comparison to assess the treatment's effect.

Fat Cells

Also known as adipocytes, these are cells that specialize in storing energy in the form of fat and play a crucial role in regulating metabolism and energy balance.

Normal-Weight

A weight classification based on body mass index (BMI) that is considered healthy and not associated with an increased risk of weight-related health problems.