Which of the following is an example of an oligopoly market in which the firms produce a homogeneous product?
A)aluminum
B)soap
C)breakfast cereals
D)tires
E)all of the above

Question

Quizplus · Accepted Answer

The aluminum industry is a classic example of an oligopoly market producing a homogeneous product, as a few large firms dominate the market, and the product (aluminum) is essentially the same regardless of the producer.

Which of the Following Is an Example of an Oligopoly