Of the following, the best example of oligopoly is
A) wheat farming.
B) the restaurant industry.
C) the cigarette industry.
D) the clothing industry.

Name: Of the following, the best example of oligopoly is A) wheat farming. B) the restaurant industry. C) the cigarette industry. D) the clothing industry.
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Question

Quizplus · Accepted Answer

The cigarette industry is a classic example of an oligopoly, where a few large firms dominate the market, leading to limited competition and significant control over prices and production.

Of the Following, the Best Example of Oligopoly Is