In a(n) _____, the pricing strategy of one seller is going to directly affect the other sellers in the marketplace since there are few sellers who tend to dominate the market.
A) pure competition
B) monopolistic competition
C) oligopolistic competition
D) pure monopoly

Question

Quizplus · Accepted Answer

In an oligopolistic competition, there are few sellers who dominate the market, so the pricing strategy of one seller directly affects the others.

In A(n) _____, the Pricing Strategy of One Seller Is