Which of the Following Is a Characteristic of an Oligopoly

question 10

Multiple Choice

Which of the following is a characteristic of an oligopoly market?

• A) control over price
• B) diseconomies of scale in production
• C) firms act independently without regard to each other
• D) all of the above

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Definitions:

Fractures

Breaks or cracks in bones, often resulting from injury, that can vary in severity and type.

Low-Dose X-Ray

An imaging technique that uses a small amount of radiation to capture pictures of the inside of the body.

Breast

A pair of glands on the chest of female mammals that secrete milk for feeding their young.

Radionuclides

Substances with an unstable nucleus that release radiation during their decay to a stable form.