Which of the following markets is MOST likely to be characterized by oligopolistic competition in the United States?
A) Soybeans.
B) Pens and pencils.
C) Soft drinks.
D) Men's clothing.
E) Electrical service to the home.

Question

Quizplus · Accepted Answer

Soft drinks are dominated by a few large firms such as Coca-Cola and Pepsi, making it likely to be characterized by oligopolistic competition.

Which of the Following Markets Is MOST Likely to Be