Oligopolistic behavior includes
A)Tacit collusion.
B)High concentration ratios.
C)High barriers to entry.
D)Independent pricing.

Name: Oligopolistic behavior includes A)Tacit collusion. B)High concentration ratios. C)High barriers to entry. D)Independent pricing.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Oligopolistic behavior often involves tacit collusion, where firms in the market may implicitly coordinate actions like pricing without explicit agreements to reduce competition.

Oligopolistic Behavior Includes