Question:

Which of the following statements about industries that are oligopolies is false

A.

firms in these industries may attempt to cooperate

B.

firms in these industries are interdependent

C.

the fact that there is more than one firm in an oligopoly means that there are no barriers to entry

D.

an oligopoly with two firms is called a duopoly

Answer» c. the fact that there is more than one firm in an oligopoly means that there are no barriers to entry