Meredith Notices That Just a Few Big Companies Produce Most

question 21

True/False

Meredith notices that just a few big companies produce most of the flavored teas she sees in the grocery store. She would be correct in describing the flavored tea industry as an oligopoly.

---

Definitions:

Experiential Style

A cognitive approach characterized by learning and understanding through direct experience rather than through analytical thinking.

Emotional Level

Pertains to the intensity and complexity of feelings and emotional responses in an individual or group context.

Ideas

Mental concepts or thoughts that arise from the creative or intellectual ability of the mind.

Reason

The faculty of the mind by which it distinguishes between right and wrong, truth and falsehood, or makes logical deductions.