Oligopolies Exist and Do Not Attract New Rivals Because

question 92

Multiple Choice

Oligopolies exist and do not attract new rivals because

• A)of competition.
• B)of barriers to entry.
• C)the firms keep profits and prices so low that no rivals are attracted.
• D)there can be no product differentiation.

---

Definitions:

Customized Bikes

Bicycles that are tailored or modified according to the personal preferences, specifications, or requirements of an individual.

Choiceboard

An interactive online system that allows consumers to customize the features or attributes of a product or service they intend to purchase.

Reebok Design

Refers to the distinctive aesthetic and functional elements in footwear and apparel produced by the athletic brand Reebok.

Athletic Shoes

Footwear designed specifically for sports and physical activities, offering varying levels of support, performance, and durability.