Question

A(n) _____ market is a market in which just a few firms control a large market share.

Answer 1

Answer:

Option e (oligopolistic) is the appropriate solution.

Explanation:

• The oligopoly would be a market governed by those few companies. There are several companies throughout this industry that offer relatively homogenous either separated goods.
• Often, since there are very few retailers on the marketplace, each seller affects the actions of several other companies and perhaps other businesses.

Some other available scenarios aren't relevant to the situation in question. That's the correct above.