Which of the Following Is Not a Characteristic of an Oligopoly

question 94

Multiple Choice

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

• A) There are few sellers.
• B) The seller has considerable control over price.
• C) Any duplication of facilities is wasteful.
• D) Sizable investments are required to enter the market.
• E) The market actions of each seller can strongly affect other sellers.

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