Question

The market where there are few seller​

Answer 1

Answer:

Oligopoly

(1) Perfect Competition--many sellers of a standardized product, (2) Monopolistic Competition--many sellers of a differentiated product, (3) Oligopoly--few sellers of a standardized or a differentiated product, and. (4) Monopoly--a single seller of a product for which there is no close substitute.

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Answer 2

Answer:

Oligopoly is the correct answer

Explanation:

(1) Perfect Competition--many sellers of a standardized product.

(2) Monopolistic Competition--many sellers of a differentiated product.

(3) Oligopoly--few sellers of a standardized or a differentiated product.

(4) Monopoly--a single seller of a product for which there is no close substitute.

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