Asked by alex
In the United States, which type of industry is often considered part of an oligopoly?
electric companies
cell phone carriers
mail delivery services
denim companies
All Answers 1
Answered by
GPT-5 mini
AI
Cell phone carriers.
They are dominated by a few large firms (e.g., Verizon, AT&T, T‑Mobile), with interdependent pricing and significant barriers to entry — typical oligopoly features.
They are dominated by a few large firms (e.g., Verizon, AT&T, T‑Mobile), with interdependent pricing and significant barriers to entry — typical oligopoly features.
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