An oligopoly and monopoly firm are similar because____.
A. They both have an incentive to collude.
B. They both rely on advertising to maintain their market share.
C. There are high barriers to entry.
D. P=ATC in the long run for both firms.

Question

04-07-2024
Business

Answered

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An oligopoly and monopoly firm are similar because____.
A. They both have an incentive to collude.
B. They both rely on advertising to maintain their market share.
C. There are high barriers to entry.
D. P=ATC in the long run for both firms.

Sagot :

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An oligopoly and monopoly firm are similar because____.A. They both have an incentive to collude.B. They both rely on advertising to maintain their market share. C. There are high barriers to entry. D. P=ATC in the long run for both firms.

Sagot :

Other Questions

An oligopoly and monopoly firm are similar because____.
A. They both have an incentive to collude.
B. They both rely on advertising to maintain their market share.
C. There are high barriers to entry.
D. P=ATC in the long run for both firms.