The Number of Firms in an Oligopoly Must Be

question 103

Multiple Choice

The number of firms in an oligopoly must be

• A)Four.
• B)Large enough so that firms cannot coordinate.
• C)Small enough so that one firm's decisions have a significant impact on the decisions of the other firms in the industry.
• D)Small enough so that revenues are large enough to support advertising expenditures.

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Definitions:

Interventricular Septum

Wall between the ventricles of the heart.

Interatrial Septum

Wall between the atria of the heart.

Blood Islands

Clusters of developing blood cells and vessels found in the embryonic yolk sac.

Sinus Venosus

End of the embryonic cardiac tube where blood enters the heart; becomes a portion of the right atrium, including the SA node.