Explore BrainMass

Explore BrainMass

    Economics - Other - Oligopolies

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Which of the following does NOT describe oligopolies?

    The rivals react to business decisions made by other firms.

    The firms are price-takers.

    There are just a few firms.

    The products may be either homogeneous or heterogeneous.

    © BrainMass Inc. brainmass.com October 9, 2019, 10:13 pm ad1c9bdddf

    Solution Summary

    A Complete, Solution is provided in the attached file.