Why is competition limited in an oligopoly?

A. Barriers prevent new producers from entering the market.

B. Producers completely refuse to engage in price wars.

C. No major distinctions exist between producers.

D. Producers actively segment the market to avoid competition.

Question

18 January, 03:53

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Answers (2)

Know the Answer?

Alina Little · Answer 1

I think your answer would be A. But im not certain

Odie · Answer 2

Barriers prevent new producers from entering the market.

Why is competition limited in an oligopoly?A. Barriers prevent new producers from entering the market.B. Producers completely refuse to engage in price wars.C. No major distinctions exist between producers.D. Producers actively segment the market to avoid competition.