If a Firm Functions in an Oligopoly, It Is

Multiple Choice

If a firm functions in an oligopoly, it is:

A) one of a small number of firms that produce goods that are either close or perfect substitutes.
B) the only firm that produces a good with no close substitutes.
C) one of a large number of firms that produce goods that are either close or perfect substitutes.
D) one of a large number of firms that produce a good with no close substitute.