Of the Following, the Best Example of Oligopoly Is

question 28

Multiple Choice

Of the following, the best example of oligopoly is

• A) wheat farming.
• B) the restaurant industry.
• C) the cigarette industry.
• D) the clothing industry.

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Definitions:

Private Property

Ownership of assets, including land and goods, by individuals or corporations, recognized and protected by law.

Gender Equality

The state in which access to rights or opportunities is unaffected by gender, ensuring that all individuals, regardless of their gender, have equal conditions for realizing their full human rights and potential.

Social Forces

External societal factors that influence the actions, behaviors, and attitudes of individuals, such as norms, laws, and cultural trends.

Choosing a Mate

The process of selecting a partner for romantic or reproductive purposes, influenced by a variety of social, psychological, and biological factors.