Why is competition limited in an oligopoly?

A. Barriers prevent new producers from entering the market.

B. Producers completely refuse to engage in price wars.

C. No major distinctions exist between producers.

D. Producers actively segment the market to avoid competition.

Question

Messiah Harris

15 January, 16:36

+2

Answers (2)

Know the Answer?

Skyler Russell · Answer 1

I think your answer would be A. But im not certain

Ingrid Hardy · Answer 2

Barriers prevent new producers from entering the market.

Why is competition limited in an oligopoly?A. Barriers prevent new producers from entering the market.B. Producers completely refuse to engage in price wars.C. No major distinctions exist between producers.D. Producers actively segment the market to avoid competition.