The music production industry is an example of a(n) ________ industry.
A) perfectly competitive
B) monopolistic
C) monopolistically competitive
D) oligopolistic

Name: The music production industry is an example of a(n) ________ industry. A) perfectly competitive B) monopolistic C) monopolistically competitive D) oligopolistic
Brand: Quizplus
Rating: 5.0 (29 reviews)

Question

Quizplus · Accepted Answer

The music production industry is an example of an oligopolistic industry because it is dominated by a few large firms that control a majority of the market share.

The Music Production Industry Is an Example of A(n) ________