Mutual Interdependence Implies That

Multiple Choice

Mutual interdependence implies that

A) all other firms in a monopolistically competitive industry rely on one firm to take leadership in setting price
B) monopolistically competitive firms will "follower the leader" allowing the monopoly firm to determine price
C) each firm within an oligopoly is affected by what the other firms in the industry do
D) all firms in the industry are independent of each other
E) all firms in the industry must agree before any price changes occur