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Author Question: Which of the following is the best example of an oligopolistic industry? (Read 16 times)

mia

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Question 1

________ characterizes the oligopoly market structure.


◦ A single firm that controls the industry
◦ A large number of firms producing a standardized product
◦ A few firms each large enough to influence market price
◦ A large number of firms producing differentiated products

Question 2

Which of the following is the best example of an oligopolistic industry?


◦ convenience stores
◦ book publishing
◦ public utilities
◦ smartphone manufacturing


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Marked as best answer by mia on Apr 19, 2019

Liamb2179

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mia

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Reply 2 on: Apr 19, 2019
Wow, this really help


ryhom

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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