The MOST Important Source of Oligopoly in an Industry Is

question 265

Multiple Choice

The MOST important source of oligopoly in an industry is:

• A)economies of scale.
• B)government regulation.
• C)technological inferiority.
• D)ownership of plentiful resources.

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Definitions:

Primary Research

Collection of new, original data or information through direct investigation or experimentation.

Secondary Research

The process of gathering and analyzing data that has already been collected by others, as opposed to primary research.

Electronic Tools

Digital instruments or applications used to facilitate tasks, enhance productivity, or support various activities and processes.

Methodology

The system of methods and principles used in a particular area of study or activity.