Which of the Following Is Not a Characteristic of an Oligopoly

question 226

Multiple Choice

Which of the following is not a characteristic of an oligopoly?

• A)the ability to influence price
• B)a small number of firms
• C)low barriers to entry
• D)interdependent firms

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Definitions:

Conflict Type

The categorization of conflict based on its nature, such as interpersonal, intrapersonal, organizational, or environmental conflict.

Wooden Leg

A prosthetic limb made from wood, traditionally used to replace a missing leg.

Negative Situation

A circumstance or set of conditions that adversely affects individuals, groups, or outcomes.

Intensity

The degree of strength, force, or energy in an action, feeling, or phenomenon.