Which of the following describes oligopolistic interdependence?
A) Each oligopolist makes price and output policies with their effect on other firms in mind.
B) There are important external diseconomies in an oligopolistic market.
C) No firm can change the price determined in the marketplace, except through advertising.
D) There is no likelihood of collusion among producers.
E) Within each product group, each oligopolist's product is identical.
Correct Answer:
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