In an Oligopolistic Industry,which of the Following Is an Example

question 7

Multiple Choice

In an oligopolistic industry,which of the following is an example of a firm- created entry barrier?

• A)brand proliferation
• B)LRAC curve negatively sloped over a large range of output
• C)price competition
• D)large set- up costs
• E)decreasing demand for the product

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Definitions:

Macrophages

Large white blood cells that are an essential part of the immune system, responsible for detecting, engulfing, and destroying pathogens and dead cells.

Antigens

Foreign substances in the body that trigger an immune response.

Cytokines

Small proteins that are crucial in controlling the growth and activity of other immune system cells and blood cells.