Which of the Following Is NOT a Cause for an Oligopoly

question 3

Multiple Choice

Which of the following is NOT a cause for an oligopoly to exist?

• A) economies of scale
• B) structural dependence
• C) barriers to entry
• D) horizontal mergers

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Definitions:

Discrimination Learning

The process by which an organism learns to respond differently to similar stimuli based on their consequences, highlighting a differentiation capability.

Prefrontal Cortex

A part of the brain located at the front of the frontal lobes, critical for decision making, social behavior, and moderating complex cognitive behavior.

Hull-Spence Model

The Hull-Spence Model is a theory of learning that combines Hull's drive reduction theory with Spence's focus on the role of incentive and reinforcement in the learning process.