He works as a professional orator
I see most of the statements are correct. Please see if the question asks for INCORRECT statement instead. If so, then the answer is In a Market economy, competition is controlled by the government.
If the question is really asking for all correct statements, please mention in comment and I will list them out.
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 answer is definately 7