Social Studies
Social Studies, 02.10.2019 21:10, siyah87

Which situation could be the best example of an oligopoly?
a new producer of power tools has entered the market and is relying on low prices to attract consumers.
a new producer of a smart phone operating system is trying to enter the market but cannot because most cell
phone makers use one of two popular operating systems.
a new producer of running shoes is trying to enter the market but cannot because of an existing patent
a new producer of tires has entered the market and found that demand is already being met

answer
Answers: 1

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Which situation could be the best example of an oligopoly?
a new producer of power tools has...

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