One Characteristic of Oligopolistic Markets Is

question 62

Multiple Choice

One characteristic of oligopolistic markets is

• A) zero profits in the long run.
• B) ease of entry and exit.
• C) a horizontal demand curve facing each individual firm.
• D) mutual interdependence between firms.
• E) a large number of firms in the industry.

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Definitions:

Reserved

Refers to identifiers or words in programming languages that are used by the language itself and therefore cannot be used as names by the programmer.

Automatic Variables

Automatic variables are local to the block in which they are defined and are automatically created and destroyed upon entering and exiting the block, respectively.

Alive

In computing, often refers to a process or entity that is currently active or running.

Local Static Variables

Variables defined within a function that maintain their value between function calls and are initialized only once.