Market structures and competition

In the United States which type of industry is often considered part of an oligopoly

Cell phone carriers

Which aspect of monotheistic competition gives consumers more choice

Few barriers to the market entry exist

In a oligopolistic market consumers choice is

Limited

The lack of competition within a monopoly means that

Monopoly set their own prices

In a pure competition producers compete exclusively on the basis of

Sell identical items

___________ is the term used to describe the amount of control or influence that consumers have on a market

Sovereignty

Wellness pharmaceuticals has released a new antidepressant lexabuzac. Which type of monopoly does the company most likely have in this medication

Technological monopoly

Which is an example of government monopoly in the United States?

The us postal service

Why is the automobile industry considered an oligopoly

WRONG -it offers the little differential with in the market — it has significant barriers to entry - it depends on the brand loyalty and image to generate sales

Who sets the price in a monopolistic competition

WRONG!!! Producers only