Answer: the industry that most closely approximates the conditions of the oligopoly model is airlines.
Explanation: oligopoly is a market situation made up of small entities which are independent in their working and they do not have any influence on each other. airlines industries and automobiles industries are two well known examples of oligopoly markets.
In oligopoly markets:-
- industry is dominated by small number of sellers sellers are aware of each others action
- decision of one firm effect the decisions of other firms
- they are concentrated less in monopoly more in competitive system
- increasement of interdependence
oligopoly is a market situation in which small number of firms who together have substantial influence over a certain industry or markets.
#SPJ4
brainly.com/question/3005866
In particular, the region is well-known globally for its manufacturing prowess. It's home to automobile and aerospace giants like Ford, GM, Chrysler, Bombardier, GE Aviation, and Magna International, and also many other diverse industries.
Answer:
<em>Latent learning</em>
Explanation:
In psychology, latent learning can be described as a subconscious learning or gathering information which a person is least interested in. Latent form of learning might not readily be seen or observed by the person until he/she comes up with a scenario where it is required. Hence, it remains a subconscious memory. One of the biggest examples of latent learning is children watching some actions of their parents in childhood and using them when they grow older.
The answer is spread of innovations, cultural blending, an damage to some cultures