Mutual interdependence means that oligopolistic producers rely primarily on price competition in determining their shares of the total market for their product.
True or False

The statement is false in case of oligopoly. Mutual interdependence is when at least two elements rely upon each other. On account of an oligopoly, organisations inside a market are commonly related. Each organisation needs to think about the outcomes of an adjustment in procedure on contenders inside that market. Oligopolists attempt to boost benefit.

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Mutual interdependence means that oligopolistic producers rely primarily on price competition in determining their shares of the total market for their product. True or False

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Mutual interdependence means that oligopolistic producers rely primarily on price competition in determining their shares of the total market for their product.
True or False