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FromTheMoon [43]
3 years ago
12

If the soda industry has a 4 firm concentration ratio of 94%, and the publishing/novels industry has a 50% 4 firm concentration

ratio, one would conclude the soda industry is most likely a _________ industry, while the publishing/novels industry is most likely a _________ industry.
Business
1 answer:
weeeeeb [17]3 years ago
8 0

Answer:

1. Oligopoly

2. Monopolistic competition

Explanation:

Oligopoly is a state of limited competition, in which a market is shared by a small number of producers or sellers.

Monopoly is the exclusive possession or control of the supply of or trade in a commodity or service.

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