asked 61.4k views
1 vote
Which type of market structure is most closely associated with the automobile industry?

A. pure competition
B. monopoly
C. monopolistic competition
D. oligoply

asked
User Mikkom
by
8.0k points

2 Answers

0 votes

Its C Monopolistic Competition

I just took the quiz.

answered
User Eric Sauer
by
7.9k points
3 votes
the answer to this question is D. oligopoly
There's is no proof that one company totally control the market, so both option B and C. is impossible. Each automobile companies may produce a same product, but the product could be different in price and quality,and this eliminated option A.
answered
User Chase Seibert
by
7.9k points
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