Because Each Oligopolist Cares About Its Own Profit Rather Than

question 19

Multiple Choice

Because each oligopolist cares about its own profit rather than the collective profit of all the oligopolists together,

• A)they are unable to maintain the same degree of monopoly power enjoyed by a monopolist.
• B)each firm's profit always ends up being zero.
• C)society is worse off as a result.
• D)Both a and c are correct.

---

Definitions:

Odors

Smells, especially those that are distinctive or unpleasant.

Bowel Function

The natural process by which the digestive system removes waste from the body.

8-Ounce Servings

A measurement term commonly used in dietary guidelines to specify the volume of a single serving of a beverage or liquid food item, equivalent to one cup.

Dietary Fiber

Indigestible components of plant foods that aid in digestion, help regulate blood sugar, and reduce cholesterol levels.