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Boeing,Northrup Grumman,and Lockheed Martin Control the Vast Majority of the U.S.defense

Question 255

Multiple Choice

Boeing,Northrup Grumman,and Lockheed Martin control the vast majority of the U.S.defense contractor industry.In terms of the form of competition,this industry is an example of a(n) __________.


A) oligopoly
B) trilateral monopoly
C) monopoly
D) pure competition
E) monopolistic competition

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