"Brand Proliferation" in an Oligopolistic Industry

question 33

Multiple Choice

"Brand proliferation" in an oligopolistic industry

• A)allows easier entry to a new entrant with small sales.
• B)can shift the average total cost curve down and raise the overall minimum scale of operation.
• C)allows new entrants to the industry to gain significant market share.
• D)will generally reduce the expected market share of new entrants to the industry.
• E)allows firms to cooperate to maximize their joint profits.