Oligopolies are industries containing only a few large firms

A) whose decisions are consciously linked.
B) and each faces a horizontal demand curve.
C) that can ignore other firms' reactions as they price,produce,and market their goods.
D) but each firm is small relative to the market.
E) that maximize output rather than profits.

Oligopolies

Market structures characterized by a small number of firms dominating the market, often leading to limited competition.

Horizontal Demand Curve

Represents a situation in which the demand for a product is perfectly elastic, indicating that consumers are willing to purchase any quantity of the product at a specific price.