Examples used in the text to illustrate "competition among the few" include all of the following industries except
A) cereal
B) airline
C) fish
D) automobile
E) baby food

Question

Quizplus · Accepted Answer

The industries of cereal, airline, automobile, and baby food are typically characterized by oligopolistic competition, where a few large firms dominate the market. The fish industry, however, is not commonly cited as an example of "competition among the few" due to its more fragmented market structure, involving numerous small-scale producers and sellers.

Examples Used in the Text to Illustrate "Competition Among the Few