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Tidy Tidy
wrote...
Posts: 4852
9 years ago
Oligopolies exist and do not attract new rivals because
A) of competition.
B) of barriers to entry.
C) the firms keep profits and prices so low that no rivals are attracted.
D) there can be no product differentiation.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 554 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
Chimelo46Chimelo46
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Posts: 5641
9 years ago
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9 years ago
It was nothing, thanks for updating us.
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