Other Things Constant, Production of an Identical Product in an Oligopolistic

question 60

Multiple Choice

Other things constant, production of an identical product in an oligopolistic industry

• A) makes it likely that a cartel will disintegrate.
• B) makes secret price cuts easier to detect.
• C) makes collusion more difficult.
• D) causes irrational pricing policies in the long run.

---

Definitions:

Functional Unit

The smallest component of a structure or system that is capable of performing all of the system's necessary functions.

Autonomic Nuclei

Clusters of nerve cell bodies in the central nervous system that regulate the autonomic nervous system, controlling involuntary functions.

Lateral Gray Horns

The regions in the spinal cord that contain nerve cell bodies involved in the autonomic nervous system, responsible for controlling involuntary functions.

Dorsal Roots

Nerve fibers that enter the spinal cord, carrying sensory information from the body to the brain.