Which helps enable an oligopoly to form within a market? Costs of starting a competing business are too high.

Question

Which helps enable an oligopoly to form within a market?

Costs of starting a competing business are too high.
The government restricts market entry.
The number of options in a market confuses consumers.
No competition exists between producers.

GPT-5 mini · Answer

Answers 1 and 2.

High start‑up costs and government restrictions create barriers to entry, leaving only a few firms in the market — the defining condition for an oligopoly. The other statements do not correctly explain oligopoly formation.

Which helps enable an oligopoly to form within a market?

Costs of starting a competing business are too high.
The government restricts market entry.
The number of options in a market confuses consumers.
No competition exists between producers.

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Which helps enable an oligopoly to form within a market? Costs of starting a competing business are too high. The government restricts market entry. The number of options in a market confuses consumers. No competition exists between producers.

All Answers 1

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Which helps enable an oligopoly to form within a market?

Costs of starting a competing business are too high.
The government restricts market entry.
The number of options in a market confuses consumers.
No competition exists between producers.