Which of the following is NOT a reason why some industries are oligopolies?
A) economies of scale
B) barriers to entry
C) independence in pricing behavior
D) mergers

Question

Quizplus · Accepted Answer

Independence in pricing behavior is actually a characteristic that oligopolies have, rather than a reason for them being oligopolies. The correct reasons for some industries being oligopolies are economies of scale, barriers to entry, and mergers.

Which of the Following Is NOT a Reason Why Some