Select the True Statement from the Following

question 113

Multiple Choice

Select the true statement from the following.

• A)A character is a single letter only.
• B)A character is a single number only.
• C)A character is a single symbol only.
• D)A character is a single letter, number, or symbol.

---

Definitions:

Oligopolists

Firms or entities that are part of an oligopoly, a market structure characterized by a small number of large firms dominating the market, leading to limited competition.

Non-collusive Oligopoly

A market structure where a small number of firms compete independently, without agreements or collusion between them.

Diagram

A visual representation that outlines, explains, or clarifies complex data or relationships using symbols, icons, lines, and texts.

Collusive Oligopoly

A market situation where a few companies control a large market share and agree, often illegally, to fix prices, limit production, or divide markets to maximize profits.