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.
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Authoritative parenting is the <span>parenting style that seems to promote high-achieving children.
</span>Authoritative parenting is characterized with demandingness and responsiveness.
Authorative parents have high expectations, <span>demand their children to follow certain rules but at the same time, they are responsive enough and understand children's problems with that set of rules.</span>
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