As the number of firms in the oligopoly grows very large, the
A)output effect disappears.
B)price effect disappears.
C)output effect equals the price effect.
D)price of the product greatly exceeds marginal cost.

Question

Quizplus · Accepted Answer

The Answer of As the number of firms in the oligopoly grows very large, the
A)output effect disappears.
B)price effect disappears.
C)output effect equals the price effect.
D)price of the product greatly exceeds marginal cost.

As the Number of Firms in the Oligopoly Grows Very