Which Cannot Be a Characteristic of an Oligopolistic Industry

question 36

Multiple Choice

Which cannot be a characteristic of an oligopolistic industry?

• A) Differentiated products
• B) A large number of consumers
• C) Significant barriers to entry
• D) A perfectly elastic firm demand curve

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Definitions:

HR Database

An HR database is a system that stores, manages, and processes data related to an organization's employees, including personal information, job roles, and performance records.

Paper-based System

A traditional system of managing information using physical documents rather than digital formats.

ESS

An Executive Support System is a type of management information system designed to help senior executives make strategic decisions.

ISS

An abbreviation for the International Space Station, a large spacecraft in orbit around Earth serving as a home and research laboratory for astronauts.