Oligopolies Are Industries Containing Only a Few Large Firms

question 81

Multiple Choice

Oligopolies are industries containing only a few large firms

• A)whose decisions are consciously linked.
• B)and each faces a horizontal demand curve.
• C)that can ignore other firms' reactions as they price,produce,and market their goods.
• D)but each firm is small relative to the market.
• E)that maximize output rather than profits.

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