All of the following are reasons for an oligopoly to occur EXCEPT
A) economies to scale.
B) barriers to entry.
C) independence among firms.
D) merger.

Question

Quizplus · Accepted Answer

Independence among firms is not a reason for an oligopoly to occur. Instead, oligopolies often arise due to economies of scale, barriers to entry preventing new firms from entering the market, and mergers between existing firms.

All of the Following Are Reasons for an Oligopoly to Occur