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Dwayne Correia
on Oct 12, 2024

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Which of the following is not an oligopolist?

A) The cigarette industry
B) Your local water company
C) The automobile industry
D) OPEC

Oligopolist

A market participant in an oligopoly, a market structure with a small number of firms dominating the industry.

Cigarette Industry

A sector focused on the manufacturing, marketing, and distribution of cigarettes, often scrutinized for health concerns related to smoking.

Local Water Company

A company responsible for providing water supply and wastewater services to a specific local area or community.

  • Differentiate among various market structures and understand the competitive behavior within each.
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CJ
Christopher Jason ChrislissonOct 13, 2024
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