The Manner in Which One Oligopolist Reacts to a Change

question 276

Multiple Choice

The manner in which one oligopolist reacts to a change in price, output, or quantity on the part of another oligopolist in the industry is known as

• A) a positive-sum game.
• B) the reaction function.
• C) a noncooperative game.
• D) a zero-sum game.

---

Definitions:

Style Inspector

A tool in word processing and design software that provides detailed information about the formatting of text and objects within a document.

Selection Pane

A feature in graphic and presentation software that lists all objects in a document, allowing users to manage their visibility and order.

Visual Basic Window

A user interface in the Visual Basic programming environment, where developers can write, test, and debug their code.

Computer Code

A set of instructions or commands written in a programming language used to perform specific tasks or operations on a computer.