Which of the following is not a characteristic of the Oligopoly market?

CA Foundation · Business Economics · PYQS · May 2026
Which of the following is not a characteristic of the Oligopoly market?
(A) A. Strategic Interdependence
(B) B. Group behaviour
(C) C. No importance to advertising
(D) D. Importance to selling costs

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. No importance to advertising

Topics: Price Determination in Different Markets

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