As the Number of Firms in an Oligopoly Becomes Very

question 114

True/False

As the number of firms in an oligopoly becomes very large, the price effect disappears.

---

Definitions:

Statement of Cash Flows

An account that explains how fluctuations in balance sheet items and earnings impact cash and its equivalents, divided into sections for operating, investment, and financial activities.

Cash Dividend Payments

Cash dividend payments are distributions of a company's earnings to its shareholders as decided by the company's board of directors.

Income From Operations

Income from operations is a measure of the profitability of a company's core business activities, excluding non-operating income and expenses.