Consumers living in the Midwest who wish to watch current television series, sports, and movies can subscribe to satellite TV services, such as Dish or DirecTV or purchase cable service from Comcast. Since the television service industry is dominated by these firms, the competitive structure is known as a(n):

Consumers living in the Midwest who wish to watch current television series, sports, and movies can subscribe to satellite TV services, such as Dish or DirecTV or purchase cable service from Comcast. Since the television service industry is dominated by these firms, the competitive structure is known as a(n):

Consumers living in the Midwest who wish to watch current television series, sports, and movies can subscribe to satellite TV services, such as Dish or DirecTV or purchase cable service from Comcast. Since the television service industry is dominated by these firms, the competitive structure is known as a(n):



a. oligopoly.

b. monopoly.

c. pure competition.

d. limited competition.



Answer: a. oligopoly.


Learn More :