Answer:
The answer is "Oligopoly"
Explanation:
The term Oligopoly is the corporate system with just a limited number of companies, which would keep some other companies for having a significant impact. It's absorption ratio that measures its highest companies ' market percentage.
- In this one of the companies is now a monopoly, and two companies are a duopoly and two or more companies are also an oligopoly.
- It is mostly characterized by its interdependence throughout the activities of the few firms making up an industry.
- It is indeed important because the company tends to make little increase in demand, production, so if the competition is so few.
