Which of the Following Is a Difference Between an Oligopoly

question 23

Multiple Choice

Which of the following is a difference between an oligopoly with homogeneous products and an oligopoly with differentiated products?

• A) There are a large number of sellers in an oligopoly with homogeneous products, while there are only a few sellers in an oligopoly with differentiated products.
• B) Firms in an oligopoly with homogeneous products earn positive economic profits in equilibrium, while firms in an oligopoly with differentiated products earn zero economic profits in equilibrium.
• C) There are huge barriers to entry in an oligopoly with homogeneous products, while there are no barriers to entry in an oligopoly with differentiated products.
• D) Firms in an oligopoly with homogeneous products earn zero economic profits in equilibrium, while firms in an oligopoly with differentiated products earn positive economic profits in equilibrium.

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A command issued from a command prompt that creates a directory (folder) or subdirectory.

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An abbreviation for Cadmium, a chemical element, or Compact Disc, a digital optical data storage format.

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A command in the command-line interface of various operating systems used to list the files and directories in a specific directory.

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