AP Microeconomics

Answer - B - This is false.

Key Takeaway: In an oligopoly market, all businesses are actually interdependent upon one another for economic survival. An oligopoly is defined as an economy in which there are a small number of sellers within a given market. Within an oligopoly, therefore, market power for a particular business is quite substantial. A prime example of an oligopoly is the airline industry. There are a small amount of airline carriers, but all are very dependent upon one another in regard to setting pricing.