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Home › Bihar Board Class 12 (Arts) › Economics › Forms of Market and Price Determination › Interdependent oligopolists are generally reluct…

Interdependent oligopolists are generally reluctant to:

AAdvertise
BHire workers
CMerge ever
DChange prices
Answer & Solution
Correct answer: D. Change prices
Rivals notice and respond to price changes, so a firm hesitates to raise or lower its price.
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