One Indication That an Industry Might Be Oligopolistic Is That

question 131

Multiple Choice

One indication that an industry might be oligopolistic is that prices change

• A)infrequently.
• B)frequently.
• C)in rhythmic patterns.
• D)on a regular, periodic basis.

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Definitions:

Continuous Change

a process of ongoing, gradual improvement or evolution in an organization, individual, or system without sudden breaks or leaps.

Critical

In a general context, it refers to expressing adverse or disapproving comments or judgments. It can also relate to a crucial, decisive, or critical point in a situation.

Lifespan Developmentalists

Scholars and researchers who study the physical, cognitive, social, and emotional changes that occur throughout all stages of the human life cycle, from infancy through old age.

Age Range

a category of people of a similar age used for statistical, developmental, or marketing purposes.