Oligopolistic firms:
A) may seek to drive competitors out of business for personal reasons, even at great expense.
B) would not drive competitors out of business to gain control of the market.
C) know that their competitors pay no attention to their pricing decisions and therefore hope to gain market share by lowering price.
D) do not pay attention to a competitor's prices because there's nothing they can do about them.
Correct Answer:
Verified
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