The defining characteristic of oligopoly is that each firm a. ...

[madam-professor]

The defining characteristic of oligopoly is that each firm
 a. produces the same output as its rivals
  b. acts independently of its rivals
  c. is mutually interdependent
  d. is atomistic
  e. advertises how its products are different from its rivals' products

Question 2

Direct transfer programs
 a. are generally less efficient and less politically acceptable than subsidy programs
  b. are generally more efficient and more politically acceptable than subsidy programs
  c. are generally less efficient but more politically acceptable than subsidy programs
  d. are generally more efficient but less politically acceptable than subsidy programs
  e. will generally result in increased production by the group being subsidized

[randomguy133]

Answer to Question 1

C

Answer to Question 2

D