Ask Question
19 June, 20:05

A characteristic found only in oligopolies is

a. break-even level of profits.

b. interdependence of firms.

c. independence of firms.

d. products that are slightly different

+5
Answers (1)
  1. 19 June, 20:40
    0
    B.

    The behavior of one firm affects the other, as they have similar products, they will face severe competition. As a result, their pricing strategy will affect each other, coming in the form of price wars, leaderships, collusion, etc.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A characteristic found only in oligopolies is a. break-even level of profits. b. interdependence of firms. c. independence of firms. d. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers