Which of the following is an example of oligopoly?
A) Susie's boutique, an independent clothing store located in Decatur, Illinois.
B) the Shell gas station at 24th and Vine.
C) Generic, Inc., a grocery store in Albuquerque, New Mexico that sells only generics and items with no brand name.
D) Wal-Mart
Correct Answer:
Verified
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A) monopolistic competition means
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Q16: What is oligopoly?
A) oligopoly means there is
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Q20: What is a cartel?
A) a cartel is
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