A critical competitive feature of an oligopoly is the: A. lack of int

QUESTION

A critical competitive feature of an oligopoly is the:

A. lack of interaction among the major players.

B. presence of a domestic market which is open for foreign firms.

C. desire of all the major players to avoid the phenomenon of diminishing returns.

D. interdependence of the major players.

E. lack of imitative behavior among the major players.

ANSWER

D