In a(n) _____________ market there are a few powerful sellers; price competition among firms is not desirable.
A) pure competition
B) cross-market competition
C) monopolistic competition
D) monopoly
E) oligopoly
Answer: E
In a(n) _____________ market there are a few powerful sellers; price competition among firms is not desirable.
A) pure competition
B) cross-market competition
C) monopolistic competition
D) monopoly
E) oligopoly