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:

Visual Information

Data received by the eye and processed by the brain to construct a visual representation of the surrounding environment.

Occipital

Pertaining to the occipital bone or the occipital region of the brain, involved in visual processing.

Meninges

The three layers of protective tissue (dura mater, arachnoid mater, and pia mater) covering the brain and spinal cord.

Arachnoid

A delicate membrane that encloses the brain and spinal cord, situated between the dura mater and pia mater.