Solved

The Markets for Laundry Detergents,soft Drinks,and Automobiles All Are Dominated

Question 97

Multiple Choice

The markets for laundry detergents,soft drinks,and automobiles all are dominated by just a few sellers.Economists would classify these markets as examples of:


A) perfect competition.
B) monopolistic competition.
C) an oligopoly.
D) a monopoly.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions