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Q: Mutual interdependence means that each oligopolists firm?
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What is mutual interdependence?

Each firm recognizes that it must take into account the behavior of its competitors when it makes decisions. Economist refer to this as mutual interdependence.


What does the term interdependence mean in geography?

Interdependence means that the cells rely on each other in order to function properly and/or survive.


why interdependence is required among group?

It's a mutual relationship and for you to succeed you need each other, one cannot do without the other.


What does interdependece means?

Interdependence means that two things depend on each other to happen.


What does interdependence mean when it comes to globalization?

Mutual dependence at a global level. One country depends on another country for something and that country may depend on another country, which eventually creates global interdependence. Importing and exporting of goods and services highly contributes to global interdependence. Certain commodities such as oil have created a global interdependence between countries that produce the precious commodity and those that covet it.


When countries rely on each other that is known as.?

Interdependence


How do you use economic interdependence in a sentence?

Interdependence is a word used to describe a situation when more than one group has mutual dependence about things. Some animals have interdependence like humans do.


What is global Interdependence?

Mutually dependent.


What is meant by mutual cooperation?

Mutual cooperation means helping each other to achieve a goal.


What is meant by interdependence?

Interdependence is the reliance or dependence of two or more Individuals on each other.


What is behavioral interdependence?

Behavioral interdependence refers to the mutual impactthat people have on each other as their lives and daily activitiesintertwine. What one person does influences what theother person wants to do and can do. Behavioral interdependencemay become stronger over time to the point that eachperson would feel a great void if the other were gone


How does interdependence happen globally?

interdependence-nations relying on each other, global just means world wide. Just means that no nation is truly independent from the rest of the world; we (all nations) are dependent (to at least some degree) on everyone else.