The Characteristic Most Closely Associated with Oligopoly Is

question 140

Multiple Choice

The characteristic most closely associated with oligopoly is

• A) easy entry into the industry.
• B) a few large producers.
• C) product standardization.
• D) no control over price.

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Definitions:

Financial Capital

Economic resources measured in terms of money used by entrepreneurs and businesses to buy what they need to make their products or to provide their services.

Primary Markets

Financial markets where new securities are issued and sold for the first time to investors, such as initial public offerings (IPOs).