Question

Which market structure is BEST indicated by the photograph? A) monopoly B) oligopoly C) pure competition D) modified competition

Answer 1

Answer:

b.) oligopoly

Explanation:

Answer 2

Answer:

oligopoly

Explanation:

An oligopoly is a business organization in which the products in a market are supplied by only a few dominant producers. Though there are some minor soda producers in the United States, most colas are made by Pepsi and Coke, or by companies that are owned by Pepsi and Coke.