Excluding foreign competition, which of the following is an oligopoly in the United States?
A) The computer industry.
B) The automobile industry.
C) The steel industry.
D) All of the above are oligopolies.

Question

Quizplus · Accepted Answer

The computer, automobile, and steel industries are all oligopolies in the United States, meaning that they are dominated by a small number of large firms.

Excluding Foreign Competition, Which of the Following Is an Oligopoly