One characteristic not typical of Oligopolistic industry is its:
A. Horizontal demand curve.
B. Too much importance to non-price competition.
C. Price leadership.
D. A small number of firms in the industry.
Answer:A
One characteristic not typical of Oligopolistic industry is its:
A. Horizontal demand curve. B. Too much importance to non-price competition. C. Price leadership. D. A small number of firms in the industry.