An Oligopoly Is a Market That Is Characterized by

question 253

Multiple Choice

An oligopoly is a market that is characterized by

• A) one seller that totally dominates the supply of the product.
• B) a large number of small companies all producing very similar products.
• C) a few large sellers who dominate the market.
• D) several small firms that compete primarily by differentiating their products.

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Definitions:

Discrimination

Unfair or prejudicial treatment of individuals based on characteristics such as race, gender, age, or disability, rather than on their merits.

National Or Ethnic Origin

The country, nation, tribe, or ethnic group from which a person or their ancestors come, often used in the context of diversity or anti-discrimination policies.

Workplace Harassment

Inappropriate or unwelcome conduct in a professional setting that can lead to a hostile work environment.

Legally Actionable

Refers to a situation or behavior that is sufficiently serious to warrant legal action, usually because it violates a law or regulation.