Because the Cost of Starting a Business in an Oligopoly

question 97

Multiple Choice

Because the cost of starting a business in an oligopoly is usually _____, the number of firms entering it is _____.

• A) low / high
• B) high / low
• C) high / high
• D) low / low

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Definitions:

Cognitive Skills

Abilities related to the mental processes of perception, memory, judgment, and reasoning, critical for learning and problem-solving.

Duchenne Muscular Dystrophy

A genetic disorder characterized by progressive muscle degeneration and weakness due to the alteration of a protein called dystrophin, which helps keep muscle cells intact.

Hemophilia

A genetic disorder in which blood does not clot properly.

Color Blindness

A visual impairment where a person is unable to distinguish between certain colors, often red and green.