The primary reason most oligopolists do not become monopolists is
A) inadequate profit
B) disinclination to merge
C) fear of government
D) inability to prevent competitors from entering the industry
E) inability to differentiate their goods

Question

Quizplus · Accepted Answer

Oligopolists cannot become monopolists because they cannot prevent new competitors from entering the industry, which maintains competition and prevents a single firm from dominating the market.

The Primary Reason Most Oligopolists Do Not Become Monopolists Is