(a) Briefly explain THREE (3) main barriers of entry to Oligopoly industry. (3 marks) (b) Discuss possible rival’s response to price changes under the kinked- demand curve for oligopolists? (4 marks) (c) Explain why the demand curve is kinked under noncollusive oligopoly. (2 marks) (d) Assume five firms in industry A have following annual sales: 30, 25, 20, 15, and 10 percent of total industry sales. For industry B, the five firms market shares are 50, 25, 15, 5, and 5 percent. (i) Discuss the main difference between concentration ratio and Herfindahl-index Measurements. (2 marks) (ii) Calculate and comment on the Herfindahl index for each industry. (2 marks) (e) Discuss the competitiveness of the following oligopolistic market structures in Malaysia: (i) Automobile industry (low-medium price segment) (2 marks) (ii) Laptop computer (2 marks) (iii) Pay-TV service market (2 marks)