question archive Profits are interdependent in oligopoly markets because (a) products are differentiated
Profits are interdependent in oligopoly markets because (a) products are differentiated
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Profits are interdependent in oligopoly markets because
(a) products are differentiated.
(b) managers are trying to set prices cooperatively in order to maximize total industry profit.
(c) entry into the market is not restricted by some form of entry barrier.
(d) each firm in the market is relatively large.
(e) all of the above.
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