Which statement is true? a) All fi rms in oligopolistic industries are large. b) Most fi rms

Question:

Which statement is true?

a) All fi rms in oligopolistic industries are large.

b) Most fi rms in the United States are oligopolies.

c) The crucial factor in oligopolistic industries is product differentiation.

d) Most of our GDP is produced by oligopolies.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

Question Posted: