Entry into an oligopoly is
A) possible for anyone
B) time consuming
C) relatively easy
D) impossible
E) relatively difficult

Name: Entry into an oligopoly is A) possible for anyone B) time consuming C) relatively easy D) impossible E) relatively difficult
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Question

Quizplus · Accepted Answer

Entry into an oligopoly is relatively difficult due to high barriers to entry such as significant initial investment, access to technology, and regulatory hurdles.

Entry into an Oligopoly Is