The Most Common Reason for the Existence of Oligopolies Is

question 45

Multiple Choice

The most common reason for the existence of oligopolies is

• A) ease of entry.
• B) economies of scale.
• C) product homogeneity
• D) advertising.

---

Definitions:

Labia Majora

The larger, outer folds of skin that enclose and protect the external female genital organs.

Vestibule

An anatomical space or chamber, such as the central part of the labyrinth of the inner ear, which plays a role in balance.

Simple Payback Periods

The calculation used to determine how long it will take to recoup the initial investment in a project or purchase through savings or profits gained.

Not-For-Profit

An organization that operates for purposes other than generating profit, focusing instead on social, educational, or charitable objectives.