Gwhich of the following characteristics differentiates a firm in an oligopolistic market from a firm in a perfectly competitive market? a firm in an oligopolistic market does not face competition from other firms. firms in oligopoly markets do not reach a profit maximum when marginal revenue equals marginal cost. a firm in an oligopolistic market has to consider its own impact on price when making production decisions. a firm in an oligopolistic market does not maximize profits.

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.