Which of the following industries is least likely to be an oligopoly?
A) railways
B) steel
C) beer
D) restaurants

Name: Which of the following industries is least likely to be an oligopoly? A) railways B) steel C) beer D) restaurants
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Question

Quizplus · Accepted Answer

The restaurant industry is least likely to be an oligopoly because it typically consists of many small businesses with low barriers to entry, leading to a more competitive market structure.

Which of the Following Industries Is Least Likely to Be