Ask Question
13 November, 14:25

Generally speaking, oligopolistic industries producing raw materials and semifinished goods usually offer differentiated products, while oligopolists producing consumer goods usually offer standardized products.

A. True

B. False

+4
Answers (1)
  1. 13 November, 17:02
    0
    B) False

    Explanation:

    The correct phrase should be:

    Generally speaking, oligopolistic industries producing raw materials and semifinished goods usually offer standardized products, while oligopolists producing consumer goods usually offer differentiated products.

    An example of an oligopolistic industry that we all know about is the car industry. There are very few car companies in the world since only very large companies can actually manufacture cars. Car companies offer differentiated products.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Generally speaking, oligopolistic industries producing raw materials and semifinished goods usually offer differentiated products, while ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers