Which of the Following Is NOT a Reason Why Some

question 221

Multiple Choice

Which of the following is NOT a reason why some industries are oligopolies?

• A) Economies of scale
• B) Barriers to entry
• C) Strategic independence
• D) Mergers

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Definitions:

Nature

The fundamental qualities or characteristics of something, indicating its intrinsic properties or tendencies.

AASB 108/IAS 8

An international financial reporting standard that focuses on accounting policies, changes in accounting estimates, and errors.

Accounting Policy

Individual tenets, underpinnings, traditions, legislations, and tactics utilized by an establishment in crafting and showcasing its financial accounts.

Relevant Information

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