An oligopoly is a market
a. with few buyers.
b. with one buyer.
c. dominated by a few sellers.
d. under the control of a few politically powerful individuals.
c
Economics
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The potential rewards that are available to an individual if a particular activity is undertaken are known as
A) premiums. B) gifts. C) incentives. D) intrinsic values.
Economics
Almost all economists agree that rent control
a. has no effect on the rental income of landlords. b. allows the market for housing to work more efficiently. c. adversely affects the availability and quality of housing. d. is a very inexpensive way to help the most needy members of society.
Economics