An Oligopoly Has ______ Sellers in the Market

question 19

Multiple Choice

An oligopoly has ______ sellers in the market.

• A) 0
• B) 1
• C) 3
• D) many

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Definitions:

Application Software

Application software consists of computer programs and tools designed to help users perform specific tasks or activities beyond the basic operation of the computer itself.

Hardware

The physical components of a computer system, such as the CPU, RAM, hard drives, motherboard, and peripheral devices.

Communication Technologies

The tools and systems used for the transmission, reception, and processing of information between parties.

External Computer Networks

Networks that exist outside of an organization's internal computing resources, connecting to wider networks such as the internet.