Oligopoly Is Difficult to Analyze Because

question 55

Multiple Choice

Oligopoly is difficult to analyze because

• A) there is no price competition among oligopolistic firms.
• B) of the complex interdependence that usually exists among oligopolistic firms.
• C) price is NOT a decision variable for oligopolistic firms.
• D) there is price competition among oligopolistic firms but no competition on product quality.

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