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:

Bylaws

Regulations set by a corporation or other body to control its own actions and management.

Fiduciary Duties

Fiduciary duties refer to the obligations of loyalty and care that certain individuals, such as trustees or corporate officers, owe to those they serve.

Oppressive Conduct

Actions by major stakeholders in a corporation that unfairly prejudice the interests of minority shareholders.

Articles Of Incorporation

Legal documents filed with a governmental body to legally document the creation of a corporation, detailing key aspects such as name, purpose, and structure.