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

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4 years ago

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poly. This is _____. Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices true

1 answer:

STatiana [176] · Answer 1 · 2022-01-06T01:11:45+03:00

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.