Why is competition limited in an oligopoly?
a. high entry costs prevent new producers f...
Social Studies, 20.11.2019 19:31 fireemblam101ovu1gt
Why is competition limited in an oligopoly?
a. high entry costs prevent new producers from entering the market.
b. producers completely refuse to engage in price wars.
c. no major distinctions exist between producers.
d. producers actively segment the market to avoid competition.
Answers: 3
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