Economics 9708 · AS & A Level · 7.6

7.6 — practice question

An industry shifts from monopolistic competition to oligopoly. In what way will this change barriers to entry and the level of interdependence among firms?

  • Abarriers to entry strengthen; interdependence between firms strengthen
  • Bbarriers to entry strengthen; interdependence between firms weaken
  • Cbarriers to entry weaken; interdependence between firms strengthen
  • Dbarriers to entry weaken; interdependence between firms weaken

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