An industry in which a few companies produce most or all of the output of a product and in which large amounts of capital are needed is known as which of the following?

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An oligopoly is a market structure in which a few large companies dominate the market and may have significant barriers to entry for new competitors. This often requires substantial capital investment and can result in limited competition and pricing power for the dominant firms. Perfect competition is a market structure in which many small firms compete and have little market power, monopolistic competition involves many firms producing differentiated products, and imperfect competition is a catch-all term for market structures that do not fit neatly into the other categories.

An Industry in Which a Few Companies Produce Most or All