An Example of an Oligopoly Is

question 127

Multiple Choice

An example of an oligopoly is

• A) the pecan industry in New Mexico.
• B) Italian restaurants in Brooklyn.
• C) mobile phone service providers in California.
• D) shoe stores in the Magnificent Mile shopping district in Chicago.

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Definitions:

Habilis

Homo habilis, an early human species known for its use of stone tools, which lived approximately 2.1 to 1.5 million years ago.

Anthropoids

A subgroup of primates, including monkeys, apes, and humans, characterized by their higher brain-to-body size ratio and more advanced cognitive abilities compared to other primates.

Hominoids

A primate group that includes all apes and humans, characterized by higher intelligence and more complex social structures compared to other primates.

Hominids

A family of primates that includes humans and their fossil ancestors, characterized by bipedalism and large brains.