question archive By saying that firms in an oligopoly are interdependent, we mean that _____

By saying that firms in an oligopoly are interdependent, we mean that _____

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By saying that firms in an oligopoly are interdependent, we mean that _____.

a. actions by one will prompt reactions by others

b. if one increases its profits, all others will increase profits as well

c. all firms sell identical products

d. if one increases its profits, all others will lose profits

Option 1

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