An Oligopoly May Result From

question 161

Multiple Choice

An oligopoly may result from:

• A)increasing returns to scale.
• B)standardization of a product.
• C)low or no barriers to entry.
• D)price-taking conditions for both buyers and sellers.

---

Definitions:

Freudian Theory

A set of psychoanalytic theories developed by Sigmund Freud, emphasizing unconscious processes, childhood experiences, and sexual desires in shaping behavior.

Unconscious Anxiety

Anxiety that resides outside of conscious awareness, often manifesting through physical symptoms or behaviors.

Ego

Part of the psyche that channels libido to be acceptable to the superego and within the constraints of reality.

Id

According to Freud, the most primitive part of the unconscious; consists of drives and impulses seeking immediate gratification.