Which of the Following Does NOT Help Explain Why Oligopolies

question 292

Multiple Choice

Which of the following does NOT help explain why oligopolies exist?

• A) economies of scale
• B) mergers
• C) product homogeneity
• D) barriers to entry

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Definitions:

Environmental Performance

A measure of how well an organization or country is progressing towards meeting its environmental goals and obligations.

Social Performance

The measure of an organization's ability to manage its socio-environmental impacts, fulfill social responsibilities, and achieve social goals.

Agency Problem

The agency problem arises when there is a conflict of interest between the goals of principals (such as shareholders) and agents (such as company executives) managing the company.

Market Share

The portion of a market controlled by a particular company or product.