One Thing Oligopolists Must Do in Order to Determine Their

question 211

Multiple Choice

One thing oligopolists must do in order to determine their optimal strategy is

• A) anticipate the reaction of their rivals to their strategy.
• B) ignore the reaction of their rivals to their strategy.
• C) ignore the reaction of their customers to their strategy.
• D) anticipate the reaction of government to their strategy.

---

Definitions:

Wetlands

Areas of land that are saturated with water, either permanently or seasonally, and where oxygen-free processes prevail, often serving as natural water filtration systems and wildlife habitats.

Agriculture

The practice of cultivating the soil, growing crops, and raising livestock for food, fiber, and other products essential to human survival and economic activity.

Subdivisions

Sections into which land is divided for the purposes of sale, development, or administrative control.

Aquaculture Industry

The sector involved in the breeding, rearing, and harvesting of plants and animals in all types of water environments for the purpose of producing food, recreational fishing, and restoring endangered species.