The Simplest Type of Oligopoly Is

question 366

Multiple Choice

The simplest type of oligopoly is

• A)monopoly.
• B)duopoly.
• C)monopolistic competition.
• D)oligopolistic competition.

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Definitions:

Ratio Analysis

A quantitative analysis of information contained in a company’s financial statements, used to evaluate performance, liquidity, profitability, and solvency.

Profitability Ratios

Ratios that measure the amount of operating income or net income an organization is able to generate relative to its assets, owners’ equity, and sales.