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istory Bookmarks People Help 5 x Q UNT Dr. S × Q 18 Flashe × Q Marketing x truct

ID: 1162139 • Letter: I

Question

istory Bookmarks People Help 5 x Q UNT Dr. S × Q 18 Flashe × Q Marketing x tructure.com/courses/3481/quizzes/21336/take Window Chapter 1 x Q chapters x Q Marketing x 5 10 pts Question 50 Oligopolistic competition exists in market sectors that feature: Large numbers of competitors vying for market share at different (high, low, in-between) pricing levels. OMany small companies that each make and market essentially the same product and service OA handful of large competitors that each enjoy large market shares. One large, powerful marketing firm that is typically regulated by government overseers. ?7 f4

Explanation / Answer

Oligopoly is characterized by a handful of big sellers having control over the entire market.

Answer-A handful of competitors that enjoy large market share.