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Cloud [144]
4 years ago
12

True or False: A monopoly in a small market, such as the only grocery store in an isolated rural community, is known as an oligo

poly. This is _____. Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices true
Social Studies
1 answer:
STatiana [176]4 years ago
4 0

Answer: False

Explanation: An Oligopoly is not a Monopoly, because an Oligopoly can consist of many firm not a particular one.

It is not only classified in an isolated rural community.

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