An industry in which a few firms cater to the entire market is called:

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An oligopoly is an industry in which a few large firms dominate the market and have the ability to influence the market price. This is different from a monopoly, which is a market controlled by a single firm, and perfect competition, which has many small firms competing with each other. Monopsony refers to a market in which there is only one buyer for a particular good or service.

An Industry in Which a Few Firms Cater to the Entire