In the oligopoly market structure, the behavior of any given firm ________ the behavior of the other firms in the industry.
A) is independent of
B) must be different from
C) must be the same as
D) depends on

Question

Quizplus · Accepted Answer

In an oligopoly, the actions of one firm can significantly impact the market and thus the behavior of other firms. This interdependence is a defining characteristic of oligopolistic markets.

In the Oligopoly Market Structure, the Behavior of Any Given