Which of the Following Would Probably Be an Oligopoly in a U.S

question 47

Multiple Choice

Which of the following would probably be an oligopoly in a U.S. market?

• A) A gift shop at an art museum.
• B) U.S. Steel (USX).
• C) A "7 to 11" convenience food store.
• D) A Ford car dealership in a small town.
• E) All of the above.

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Definitions:

Inferred

Deduced or concluded information from evidence and reasoning rather than from explicit statements.

Conclusion

The end or finish of an event, process, or text, typically the part where final judgments or statements are made.

Direct Observation

The method of gathering data through immediate, firsthand observation of people or phenomena.

Knowledge

Acquainted with or understanding of facts, information, descriptions, or skills acquired through experience or education.