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Question 5 Which of the following markets are oligopolistic? Select all that appl fast food passenger airlines wheat O breakfast cereal Previous No new data to save. Last checke
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Answer #1

Q5. Option 1, 2 and 3

Under oligopolistic market, the market is controlled by a few firms
Fast food chains like MC Donald’s, Subway
Passenger airlines like American airlines, Delta airline, Southwest and United airlines,
Breakfast cereals like Kellogg’s, general mill

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