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The key feature of oligopolistic competition is:

a) Emphasis on price competitionb) Emphasis on product differentiationc) Interdependence of suppliersd) Complete absence of competition

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Question ajoutée par Vinod Jetley , Assistant General Manager , State Bank of India
Date de publication: 2015/02/27
Vinod Jetley
par Vinod Jetley , Assistant General Manager , State Bank of India

c) Interdependence of suppliers

karokora emmanuel
par karokora emmanuel , Senior Sales Associate and couch buddy , Landmark group

Interdependence from other firms is the main feature since the rest of the features rotate around this one.

Mir Mujtaba Ali
par Mir Mujtaba Ali , Internal Audit Manager , Confidential

c) Interdependence of suppliers<<<<<<<<<>>>>>>>>

Abdul Samad
par Abdul Samad , Site Engineer , Talal Engineering Consultants

Yes, the correct answer is CCCCCCCCCCCCCCCC

Alex Al Yazouri
par Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

I agree with Mr. Jetley

c) >>>>>>>>Interdependence of suppliers

Eijaz Ibrahim Pardhan
par Eijaz Ibrahim Pardhan , Senior SEO Executive , JBS

If they are selling identical products then they are dependent on the suppliers i.e. the option 'C' but if their products are different then option 'B' is better.

Wasi Rahman Sheikh
par Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Correct answer option C) <<<<<<<<<<<<<<<<<<<<<<<<<<<

Elke Woofter
par Elke Woofter , Project Assistant , American Technical Associates

I go with Mr. Vinod Jetley's answer C ...

Nasir Hussain
par Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

The correct answer is 

c) Interdependence of suppliers

The three most important characteristics of oligopoly are:

 

(1) an industry dominated by a small number of large firms,

 

(2) firms sell either identical or differentiated products,

 

(3) the industry has significant barriers to entry.

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