An Industry Composed of a Large Number of Large Firms

question 85

True/False

An industry composed of a large number of large firms is referred to as an oligopoly.

---

Definitions:

Enterprise

A term often used to describe large organizations, companies, or business ventures with complex structures and operations.

Declaration of Independence

A historic document declaring the thirteen American colonies' independence from British rule, adopted on July 4, 1776.

Short Text Field

A type of data entry field in databases or forms designed to contain brief text inputs, such as names or titles.

Access Database

A Microsoft Database Management System that allows users to create, manage, and edit databases.