In an unbalanced oligopoly
A) only two firms make up the oligopoly
B) the sales of the leading firms are distributed unevenly
C) the sales of the leading firms are distributed evenly
D) the sales of the 4 leading firms is less than 50 percent
E) the market share of the 4 leading firms equals 100 percent

Question

Quizplus · Accepted Answer

In an unbalanced oligopoly, the sales or market shares of the leading firms are distributed unevenly, meaning that one or a few firms dominate the market significantly more than the others. This contrasts with a balanced oligopoly where firms have relatively equal market shares.

In an Unbalanced Oligopoly