An oligopolist faces competition from few sellers in the industry. It can differentiate its product and use advertising to charge a higher price than its competitors. Explain whether that would be to its advantage or not.

10.     lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal. student d   incorrect