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ivolga24 [154]
3 years ago
7

Why is competition limited in an oligopoly?

Social Studies
2 answers:
mario62 [17]3 years ago
3 0

Answer:

A. High entry costs prevent new producers from entering the market.

Explanation:

Oligopoly is the opposite of monopoly (only one company that offers a service or is the supply). An oligopoly has few companies offering one service or product which can control the supply and market price of it, such as automotive sector or airline. One of the things that limited competition in an oligopoly is the costs of entry, to set up the manufacturer, to make research and marketing and be able to compete with these companies the entry cost is high.

yawa3891 [41]3 years ago
3 0

Answer:

A.

Explanation:

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Explanation:

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Can international climate agreements hold and be effective in the absence of a global hegemon(the USA)? if no, why?
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3 years ago
Therapy that depends on identifying and changing distorted thinking, and unrealistic beliefs is
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7 0
3 years ago
Learned helplessness is most closely associated with.
alexgriva [62]

Learned helplessness is most closely associated with depression and other health challenges.

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6 0
2 years ago
Even though Alicia was busy playing when her mother came to pick her up from her babysitter, she quickly ran to her mother, gest
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Answer:

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