Which of the Following Would Be the Best Example of an Oligopolistic

question 163

Multiple Choice

Which of the following would be the best example of an oligopolistic industry?

• A) agriculture
• B) large aircraft manufacturing
• C) confections
• D) retail convenience stores

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Definitions:

Openness to Experience

A personality trait characterized by a willingness to try new things and be open to new experiences.

Big Five

A theory in psychology that identifies five main dimensions of personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Temperaments

Temperaments refer to the innate aspects of an individual's personality, such as their natural predisposition towards being outgoing or reserved, which are evident from early childhood.

Conscientiousness Versus Impulsiveness

A psychological dimension contrasting the tendency to be careful, diligent, and disciplined versus acting on the spur of the moment without considering the consequences.