Oligopolies compete on a non-price basis by colluding with their competition. Hence, Option A is correct.
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What is oligopoly?</h3>
A competition with a limited state, in which a small number of producers and sellers share a market. It is an industry which is dominated by sellers or producers, in a desire to maximise their profit. Such a structure leads to collusion between companies.
The major reason behind its existence is collaboration. For more economic profit, companies collaborate on a specific price, and after that, they also compete with their competitors.
Therefore, oligopolies compete on a non-price basis by colluding with their competition. Hence, Option A is correct.
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Theodore Roosevelt It was in a US cavalry unit which made a heroic charge up San Juan Hill in Cuba during the Spanish American War. Later he <span>was made known nationally as an officer in the Rough Riders. </span>
To express opinions, they do it so that one party does not have complete power over the other.
Answer: Social Contract
Explanation: Whilst it is more accurate to say that it is a safe-guard against tyranny of the majority, Social Contract is the closest answer here
