Two Characteristics of Oligopoly Pricing That Have Frequently Been Observed

question 159

Multiple Choice

Two characteristics of oligopoly pricing that have frequently been observed are that

• A)oligopolistic prices tend to be "sticky" or inflexible, and when the firms do change their prices, they tend to do so together.
• B)oligopolistic firms' prices tend to fluctuate a lot, and these prices tend to move together with each other.
• C)oligopolists tend to practice a lot of price discrimination, and there tends to be a wide variance in oligopoly pricing.
• D)oligopolistic firms' prices tend to fluctuate a lot, and there tends to be a wide variance in oligopoly pricing.

---

Definitions:

Hypotension

A condition characterized by blood pressure that is lower than normal.

Continuous Cardiac Monitoring

The ongoing process of tracking the heart’s activity and rhythm to detect abnormal conditions in real-time.

Heart Failure

A chronic condition where the heart is unable to pump sufficiently to maintain blood flow to meet the body’s needs.

Dysrhythmias

Abnormal heart rhythms that can range from mild to life-threatening conditions.