Question

market structures and competition
quiz complete

in the united states, which type of industry is often considered part of an oligopoly?
electric companies
cell phone carriers
mail delivery services
denim companies

Explanation:

An oligopoly is a market structure with a few large firms. Cell phone carriers (e.g., a few major companies) fit this. Electric companies are often monopolies (or regulated monopolies), mail delivery (USPS is a monopoly in some aspects), and denim companies are competitive. So cell phone carriers are part of an oligopoly.

Answer:

B. cell phone carriers (assuming the options are labeled A: electric companies, B: cell phone carriers, C: mail delivery services, D: denim companies)