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Economics Homework Nine Answers - Student Seven (view source)
Revision as of 01:13, March 9, 2011
, 01:13, March 9, 2011no edit summary
Zachary C.
Zachary C.
1. Identify an industry not mentioned in the lecture that is an oligopoly, and explain why.
1. Identify an industry not mentioned in the lecture that is an [[oligopoly]], and explain why.
Clothing manufacturers are an oligopoly because there are a couple dozen companies that produce clothing and they all produce similar products.
Clothing manufacturers are an oligopoly because there are a couple dozen companies that produce clothing and they all produce similar products.