Author Question: A concentrated industry has ________ that dominate a market. (Read 48 times)

tiffannnnyyyyyy · **on:** Apr 19, 2019

Question 1

Products ________ in the oligopolistic market structure.

◦ are always homogeneous
◦ are always differentiated
◦ are always unique
◦ may be homogeneous or differentiated

Question 2

A concentrated industry has ________ that dominate a market.

◦ a large number of firms
◦ three or fewer firms
◦ a relatively small number of firms
◦ an infinite number of firms

miss.ashley · **Reply #1 on:** Apr 19, 2019

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