Which of the Following Statements Is True of Oligopolies

question 77

Multiple Choice

Which of the following statements is true of oligopolies?

• A) They stifle competition.
• B) They lower prices.
• C) They are considered illegal.
• D) They offer many product options for consumers.
• E) They lead to a free market.

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Definitions:

Genes

Basic units of heredity contained in the DNA of living organisms that act as instructions to manufacture proteins, determining physical and some behavioral traits.

Timing of Puberty

Refers to the period during which adolescents undergo physical and hormonal changes that lead to sexual maturity.

Precocious Puberty

A condition where a child's body begins changing into that of an adult (puberty) too soon, before the age of 8 in girls and 9 in boys.

Growth Spurt

A quick growth in stature and mass, usually happening in adolescence.