Which of the following is NOT a common characteristic of oligopoly?
A) strategic dependence among firms in the industry
B) product differentiation
C) barriers to entry
D) marginal cost pricing.
D
Economics
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During an economic expansion when real GDP increases, the
A) demand for money decreases. B) nominal interest rate is constant. C) demand for money increases. D) supply of money decreases. E) real interest rate is constant.
Economics
A firm will avoid producing additional emissions whenever the fee is
A) less than the MSB. B) greater than the MSB. C) less than the MCA. D) greater than the MCA. E) equal to the distance between MSB and MCA.
Economics