Question

what is the complementary form of oligopoly known as ?​

Answer 1

Explanation:

Oligopoly arises when a small number of large firms have all or most of the sales in an industry. Examples of oligopoly abound and include the auto industry, cable television, and commercial air travel. Oligopolistic firms are like cats in a bag.

Answer 2

Answer:

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ᴏʟɪɢᴏᴘᴏʟʏ ᴀʀɪꜱᴇꜱ ᴡʜᴇɴ ᴀ ꜱᴍᴀʟʟ ɴᴜᴍʙᴇʀ ᴏғ ʟᴀʀɢᴇ ғɪʀᴍꜱ ʜᴀᴠᴇ ᴀʟʟ ᴏʀ ᴍᴏꜱᴛ ᴏғ ᴛʜᴇ ꜱᴀʟᴇꜱ ɪɴ ᴀɴ ɪɴᴅᴜꜱᴛʀʏ. ᴇxᴀᴍᴘʟᴇꜱ ᴏғ ᴏʟɪɢᴏᴘᴏʟʏ ᴀʙᴏᴜɴᴅ ᴀɴᴅ ɪɴᴄʟᴜᴅᴇ ᴛʜᴇ ᴀᴜᴛᴏ ɪɴᴅᴜꜱᴛʀʏ, ᴄᴀʙʟᴇ ᴛᴇʟᴇᴠɪꜱɪᴏɴ, ᴀɴᴅ ᴄᴏᴍᴍᴇʀᴄɪᴀʟ ᴀɪʀ ᴛʀᴀᴠᴇʟ. ᴏʟɪɢᴏᴘᴏʟɪꜱᴛɪᴄ ғɪʀᴍꜱ ᴀʀᴇ ʟɪᴋᴇ ᴄᴀᴛꜱ ɪɴ ᴀ ʙᴀɢ.