One reason an oligopolistic firm may have market power is that
A) the market may be "contestable."
B) there are many similar producers.
C) it produces a significant fraction of total industry output.
D) it has dis- economies of scale.
E) it always makes positive profits.
Correct Answer:
Verified
Q35: An ineffective means of discouraging the entry
Q36: "Brand proliferation" is an example of
A)collusive behaviour.
B)predatory
Q37: The diagram below shows selected cost and
Q38: Suppose two firms,Allstom from France,and Bombardier
Q39: One characteristic of oligopolistic markets is
A)a large
Q41: Explicit collusion in an oligopolistic industry
A)occurs when
Q42: Unlike perfectly competitive and monopolistically competitive firms,oligopolists
A)always
Q43: The main difference between perfect competition and
Q44: Which of the following products is best
Q45: One difference between a perfectly competitive market
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