Which of the Following Markets Is Most Likely to Be

question 100

Multiple Choice

Which of the following markets is most likely to be characterized by oligopolistic competition in the United States?

• A) Soybeans.
• B) Pens and pencils.
• C) Soft drinks.
• D) Men's clothing.
• E) Electrical service to the home.

---

Definitions:

External

Pertaining to or existing outside of the mind or an individual, originating from or situated in the external environment.

Process Debriefing Groups

A method used in psychology and organizational training where participants reflect on a completed task or process, focusing on what happened, why it happened, and how to improve in the future.

Brainstorming

A creativity technique by which efforts are made to find a conclusion for a specific problem by gathering a list of ideas spontaneously contributed by its members.

Satisfactions

The feelings of pleasure or fulfillment that come from meeting one's needs, expectations, or goals.