Which of the following industries is a good example of oligopoly?     Answers: A.  Athletic shoes    B.  Restaurant   C.  Corn   D.  Hotel

Q: Which industry(ies) would be indicative of an oligopoly market structure? Check all that apply.…

A: Oligopoly are the those industry which are faced low competition. These industries are low in…

Q: Why Cooperation in the oligopoly (cartel) market cannot last long, what are the causes?

A: A cartel is characterized collectively of firms that social gather to settle on result and value…

Q: What are the Characteristics of a Monopolistic Competition Market?   What are the Characteristics of…

A: The market is a location where the transaction of services and commodities takes place. It is…

Q: What is the economic term for a market structure characterized by a single seller who produces goods…

A: In economics, different market structures characterize the degree of competition within a market.…

Q: Which of the following industries are examples of oligopolistic industries in the U.S.? Choose all…

A: An oligopoly is a market structure in which a small number of enterprises have a significant amount…

Q: 1.What are the main features of an oligopolistic market?

A: Oligopoly is a type of market structure.

Q: What is the primary strategy used by firms in oligopolistic markets to maximize profits? A. Price…

A: A small number of dominant businesses characterise an oligopoly, a type of market structure.…

Q: monopolistically competitive, oligopoly, or a monopoly good. a. Sushi Restaurants b. Blueberries c.…

A: Disclaimer: “Since you have asked multiple questions, we will solve the first 3 questions for you.…

Q: Which one of the following pairs of companies is operating in an oligopoly market? O a. Pepsi and…

A: When there are only a few businesses selling products that may be identical or different, the market…

Q: How are oligopoly and monopolistic competition alike? How are they different?

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: In economics, what is the term for a market with only one seller, producing a unique product with no…

A: In monetary angles, different market structures are analyzed to fathom what they mean for the…

Q: Draw a graph showing consumers and producers surplus in a  oligopoly

A: An Oligopoly market is known for a few count of sellers offering given products. It means that the…

Q: What are the characteristics of an oligopoly? Choose all that apply. A. One particular product or…

A: Oligopoly: - it is a market condition where there are few firms or sellers in the market selling…

Q: Which of the following apply to oligopoly industries? Select one or more answers from the choices…

A: Imperfect market structures are those markets where individual firms have the power to influence the…

Q: What are three sources of oligopolies?

A: Oligopoly market is one where fewer number of firms capture the whole market and these firms ar…

Q: Which situation is the best example of monopolistic competition? A. One company controls every steel…

A: Monopolistic competition is a situation of market where the practice of differentiating products on…

Q: Why do oligopolies​ exist? Do oligopolies exist due to ? a. market failure b. barriers to entry c.…

A: A market defines a platform where two or more individuals are ready to make economic activities…

Q: Which of the following is a feature of an oligopoly? a. group behavior among firms b. firms that…

A: Oligopoly refers to a market structure where there are few firms that dominate the market. These…

Q: What are the main characteristics of oligopoly? How does output and price compare to that of perfect…

A: A market is said to be in an oligopoly when there are just a few businesses selling products,…

Q: we know that the perfumes are differentiated. So what kind of market is the perfume market is it a…

A: We know that the perfumes are differentiated. So the perfume market is the Monopolistic Competition…

Q: How is monopolistic competition like monopoly, perfect competition and oligopoly?

A: Monopolistic Competition is an arrangement of the market where many firms are producing and selling…

Q: What are businesses or industries in the Philippines are examples of oligopoly

A: Microeconomics is a subpart of economics that is used to understand how production, consumption and…

Q: What are the types of the oligopoly market??

A: According to the given question In Simple words we can say that oligopoly market is basically a…

Q: Briefly explain how firms compete/set price under - a. Perfect competition b. Oligopoly

A: In perfect competition, each firm is a price taker. So, the firm accepts the market price (at…

Q: What are the factors contributing to the rise of oligopolies and monopolies during the observation…

A: Alfred S. Eichner (1937–1988) was an economist who made significant contributions to post-Keynesian…

Q: Which of the following industries operates in an oligopoly market structure? * Vegetables Hair…

A: In case of Perfect Competition, there are large number of buyers and sellers selling identical…

Q: A study shows that the 4 largest firms in the auto industry in the US produce 70% or more of the…

A: Bertrand model of oligopoly explains how firms in an oligopoly where each firm in oligopoly choose…

Q: Which of the following would most likely create the setting for an Oligopoly ?   A. The government…

A: An oligopoly is a market structure in which a few, sizable firms control all or almost all of the…

Q: Do the following industries more closely resemble a Monopolistic Competition market and / or an…

A: The method used by businesses to set their products apart from those sold by rivals is called…