Obstacles to collusion among oligopolists include the following, except
A) demand and costs differences among firms. B) long-lasting economic recession and poor industry performance. C) potential new entrants into the market. D) "gentlemen's agreements" among the firms.
A) Access to the commercial paper market is restricted to small and medium enterprises. B) Commercial paper has a maturity that ranges from 10 to 27 years. C) Most commercial paper is secured. D) Commercial paper is typically sold in multiples of $100,000 to $1 million.