Kodak,Fuji,and Agfa control the majority of sales for traditional 35mm photographic film.The photographic film industry is an example of a(n)__________.
A)monopoly
B)mega monopoly
C)oligopoly
D)pure competition
E)monopolistic competition

Question

Quizplus · Accepted Answer

The fact that Kodak, Fuji, and Agfa control the majority of sales for traditional 35mm photographic film implies that there are only a few dominant firms in the market, indicating an oligopoly.

Kodak,Fuji,and Agfa Control the Majority of Sales for Traditional 35mm