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Other Fields Homework Help Economics Topic started by: Tidy on Jun 21, 2015



Title: An oligopolist differs from a perfect competitor in that
Post by: Tidy on Jun 21, 2015
An oligopolist differs from a perfect competitor in that
A) there is cutthroat competition in perfect competition but little competition in oligopoly because firms have significant market power.
B) firms in an oligopoly do not produce homogeneous products while firms in perfect competition do.
C) the market demand curve for a perfectly competitive industry is perfectly elastic but it is downward-sloping in an oligopolistic industry.
D) there are no entry barriers in perfect competition but there are entry barriers in oligopoly.


Title: Re: An oligopolist differs from a perfect competitor in that
Post by: Chimelo46 on Jul 20, 2015
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Title: Re: An oligopolist differs from a perfect competitor in that
Post by: Chimelo46 on Aug 31, 2015
It was nothing, thanks for updating us.