An oligopoly exists when a few firms dominate a particular industry.

Question 13 options:

True

False

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Eden Banks

14 June, 14:19

An oligopoly exists when a few firms dominate a particular industry.

Question 13 options:

True

False

+5

Answers (2)

Know the Answer?

Nigel Cain · Answer 1

Answer: true

Explanation:

Just took the test

Kadin Juarez · Answer 2

This is true.

Explanation:

Basically, oligopoly is when a certain market is dominated by a couple of firms.

In this kind of market, there is a limited number of players, and that is why most of the firms (companies) are operating successfully.

An oligopoly exists when a few firms dominate a particular industry.Question 13 options:TrueFalse

An oligopoly exists when a few firms dominate a particular industry.

Question 13 options:

True

False