Which of the following is a defining characteristic of oligopoly?

In the figure above, using the midpoint method, the price elasticity of demand when the price falls from $6 to $5 is equal to

A) 2.50. B) 1.63. C) 1.10. D) 0.91. E) 1.00.

Conflicts can arise between divisions because

a. Coordination between divisions does not benefit all divisions equally b. managers of profit centers care too little about the effects of their decisions on other divisions c. managers are rewarded only for actions that increase their own divisional profit regardless of their effects on other divisions d. all of the above