An industry structure that has only a few major companies controlling a majority of industry sales is called this:
A) Pure Competition
B) Oligopoly
C) Monopoly
D) Competitive Marketplace
E) Monopolistic Competition
Answer: B
An industry structure that has only a few major companies controlling a majority of industry sales is called this:
A) Pure Competition
B) Oligopoly
C) Monopoly
D) Competitive Marketplace
E) Monopolistic Competition