Correct answer choice is:
A) Two cobblers in town control the shoe making business.
Explanation:
An oligopoly is a business structure in which a few companies or organizations control. When a business is distributed between a few firms, it is said to be extremely intensive. Although just a few firms control, it is probable that many small firms may also perform in the market. The auto industry is another example of an oligopoly.
The main cause of the second industrial revolution was, natural resources, abundant labor supply, strong government policy and new sources of power.
