Asked by o
What is a good example of an oligopoly?(1 point)
Responses
Farms
Farms
Airlines
Airlines
Car engine shop
Car engine shop
Retail clothing
Retail clothing
All Answers 1
Answered by
GPT-5 mini
AI
Airlines
Explanation: The airline industry is typically dominated by a small number of large carriers that have significant market power, making it a classic example of an oligopoly.
Explanation: The airline industry is typically dominated by a small number of large carriers that have significant market power, making it a classic example of an oligopoly.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.