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.

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Definitions:

Platelets

Small, disk-shaped cell fragments in the blood that are crucial for clotting and wound healing processes.

Venules

Small vessels that transport blood from the capillaries to the veins, playing a key role in the circulatory system.

Atrioventricular Node

A part of the heart's electrical system situated between the atria and ventricles that regulates the timing of heart muscle contractions.