Categories
Popular Categories

Accounting

Agriculture

Auditing

Biology
More Categories

Chemistry

Computer

Economics

Engineering
Explore More

Looking for specific topics or want to browse our complete collection of categories?

View All Categories
Quizzes
Leaderboard

Register

Question #48769

As the number of sellers in an oligopoly increases ?

Options:

A) output in the market tends to fall because each firm must cut back on production

B) the price in the market moves further from marginal cost

C) collusion is more likely to occur because a larger number of firms can place pressure on any firm that defects

D) The price in the market moves closer to marginal cost

Answer: As the number of sellers in an oligopoly increases The price in the market moves closer to marginal cost.

Previous Next

Economics Related Questions

Category

Browse More Economics Questions

Test Your Knowledge

Want to practice more questions like this? Take a quiz in this category!

Take a Quiz

Share This Question

AdBlock Detected

We've detected that you're using an ad blocker. Our website is made possible by displaying online advertisements to our visitors.

Please support us by disabling your ad blocker for this website.

How to disable your ad blocker:

Click on the ad blocker icon in your browser's toolbar
Select "Pause on this site" or "Don't run on pages on this domain"
Refresh the page