How does competition and interdependence in an oligopoly affect market outcomes compared to monopoly and perfect competition?

• A. It leads to outcomes that are less efficient than perfect competition but more efficient than monopoly.
• B. It leads to outcomes that are more efficient than both perfect competition and monopoly.
• C. It leads to outcomes that are equally efficient as monopoly.
• D. It leads to outcomes that are less efficient than both perfect competition and monopoly.

Answer: (A)