What market structure BEST describes the Canadian airline industry?
A) pure competition
B) monopolistic competition
C) monopoly
D) oligopoly

Name: What market structure BEST describes the Canadian airline industry? A) pure competition B) monopolistic competition C) monopoly D) oligopoly
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Question

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The Canadian airline industry is dominated by a few large airlines such as Air Canada and WestJet, which control a significant share of the market. This is a characteristic of an oligopoly market structure.

What Market Structure BEST Describes the Canadian Airline Industry