The Distinguishing Features of Oligopoly Are ________ and ________ in the Industry

question 32

Multiple Choice

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

• A)no barriers to entry;a small number of firms
• B)barriers to entry;a large number of firms
• C)no barriers to entry;a large number of firms
• D)barriers to entry;one firm
• E)barriers to entry;a small number of firms

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Definitions:

Legal Existence

A term indicating that an entity is recognized under the law as having legal rights and obligations.

Hostile Tender Offer

An attempt to acquire a company against the wishes of its management and board by directly offering to buy the shares from the shareholders.

Cash

Cash is a medium of exchange in the form of physical currency, such as coins and banknotes.

Target Shareholders

Individuals or entities that own shares in a company that is the subject of a merger or acquisition proposal.