Because the cost of starting a business in an oligopoly is usually _____,the number of firms entering it is _____.
A)low / high
B)high / low
C)low / low
D)high/high

Question

Quizplus · Accepted Answer

In an oligopoly, the cost of starting a business is usually high due to significant barriers to entry such as the need for large capital investments, which results in a low number of firms entering the market.

Because the Cost of Starting a Business in an Oligopoly