what-is-a-key-characteristic-that-distinguishes-oligopolies-from-other-market-st

Question

What is a key characteristic that distinguishes oligopolies from other market structures?

Accepted Answer

Oligopolies have high barriers to entry and interdependent firms.

Answer

Oligopolies have a large number of firms.

Answer

Oligopolies have no market power.

Answer

Oligopolies have perfect competition.