Why are firms in oligopoly interdependent?

What will be an ideal response?

Firms in oligopoly are interdependent because each firm has a large market share and so each firm's decisions have a major influence on its competitors' profits.

Economics

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Concentration may not be a problem if

A. there are economies of scale. B. there are economies of scope. C. the firm does not exercise its market power. D. all of the above.

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Creating money is the same as creating wealth

a. True b. False

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