Author Question: A market in which a small number of firms dominate an industry is called a(n) a. oligopoly. b. ... (Read 56 times)

sheilaspns · **on:** Sep 11, 2019

Question 1

The following are true of the ANC except

a. it was originally led by Western-inclined intellectuals who had little popular support.
b. it was initially aimed at achieving full equality for the educated native population through peaceful means.
c. its policies met with cooperative reactions from the white majority who held power.
d. in time, its policies became more prone to the use of violence to achieve its goals.
e. its original goal was to achieve economic and political reforms within the system.

Question 2

A market in which a small number of firms dominate an industry is called a(n)

a. oligopoly.
b. trust.
c. holding company.
d. monopoly.