Which of the following is core characteristic of an oligopoly?

CA Foundation · Business Economics · PYQS · January 2026
Which of the following is core characteristic of an oligopoly?
(A) A. Efficient allocation of resources
(B) B. Lease advertising
(C) C. Unique product
(D) D. Interdependence between firms

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Interdependence between firms

Topics: Price Determination in Different Markets

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