Kodak,Fuji,and Agfa control the majority of sales for traditional 35mm photographic film.The film industry is an example of a(n)__________.
A) monopoly
B) mega monopoly
C) oligopoly
D) pure competition
E) monopolistic competition

Question

Quizplus · Accepted Answer

An oligopoly is a market structure in which a few large firms dominate the industry. In this case, Kodak, Fuji, and Agfa control the majority of sales, indicating an oligopoly.

Kodak,Fuji,and Agfa Control the Majority of Sales for Traditional 35mm