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

Imani Hendricks

6 May, 14:51

+1

Answers (2)

Know the Answer?

Mylee Ferguson · Answer 1

Barriers prevent new producers from entering the market.

Cody Romero · Answer 2

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

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.