The distinguishing features of oligopoly are- 0 A a small number of nterdependen

Question

The distinguishing features of oligopoly are- 0 A a small number of nterdependent firms with natural or legal barr ers preventing the entry of new firms OB. alarge number of firms producing er tical products with firms ree to enter or ext the market a large number of fims each producing diferentiated products with no barrers to prevent the entry of new frms cel RE/ ) D. a small number of interdependent firms with no banners to prevent the entry of new firms ent - Dysport ent-Scupltr uts Cellulite atment Betox, R atment-Scuplt arevent Tatho amc Cick to select your answer ble Treatment Dyspont Dysport Mmber of C

Explanation / Answer

The distinguishing features of oligopoly are ______.

Answer: Option ‘A’ a small number of interdependent firms With natural or legal barriers prevent the entry of new firms.

Reason: Oligopoly have interdependent firms , for price to set and quantity to produce

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