Which of the following is not a characteristic of an oligopolistic industry?
A) Substantial barriers to entry.
B) The output produced by the firms in the industry may be homogeneous or differentiated.
C) A small number of large firms.
D) One dominant firm and low entry barriers.
D
Economics
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Describe how the government differs from private firms and individuals participating in a market
Please provide the best answer for the statement.
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The expected effects of a tighter monetary policy are
A. lower real interest rates. B. exchange rate depreciation. C. lower inflation. D. All of these responses are correct.
Economics