Oligopolists Need to Consider

question 86

Multiple Choice

Oligopolists need to consider:

• A) the substitution effect.
• B) the supply effect.
• C) the price effect.
• D) the income effect.

---

Definitions:

Participants

Individuals taking part in a study or research, often used to collect data or test hypotheses.

Self-Esteem

is the perception that an individual has about their own worth and value, often influencing their confidence and behaviors.

Regretted

Felt sorrow or remorse for an action taken, decision made, or an opportunity missed.

Bystander Intervention

The act of stepping in to assist someone in need when others are present, which can be influenced by factors like social norms and the perceived cost of intervention.