Marketing MCQ
Marketing
Boeing, Northrup Grumman, and Lockheed Martin control the vast majority of the U.S. defense contractor industry. In terms of the form of competition, this industry is an example of a(n) __________.
Boeing, Northrup Grumman, and Lockheed Martin control the vast majority of the U.S. defense contractor industry. In terms of the form of competition, this industry is an example of a(n) __________.
Boeing, Northrup Grumman, and Lockheed Martin control the vast majority of the U.S. defense contractor industry. In terms of the form of competition, this industry is an example of a(n) __________.
a.
oligopoly
b.
trilateral monopoly
c.
monopoly
d.
pure competition
e.
monopolistic competition
Answer: oligopoly
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