To Determine If a Market Is an Oligopoly,we Need to Determine

question 195

Multiple Choice

To determine if a market is an oligopoly,we need to determine if

• A) the market's HHI is less than 900.
• B) there are many firms in the market.
• C) the firms are so few that they recognize their mutual interdependencies.
• D) the firms make identical or differentiated products.
• E) cartels are legal in their market.

---

Definitions:

Zero-Coupon Bond

A bond that is sold at a discount and pays no interest, but is redeemed at its face value at maturity, generating a profit for the holder.

Yield

The income return on an investment, such as the interest or dividends received, usually expressed as an annual percentage of the investment's cost.

Zero-Coupon Bond

A bond that is sold at a discount and does not pay interest but is redeemed at its full face value at maturity.

Purchase Price

The amount paid to buy an asset or security, which can influence the investment's potential return and tax implications.