Question The market for batteries is ______, and the market for jewelry is ______. A. an oligopoly; perfectly competitive B. an oligopoly; monopolistic competition C. monopolistic competition; an oligopoly D. a monopoly; perfectly competitive

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter15: Oligopoly And Strategic Behavior
Section: Chapter Questions
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The market for batteries is ______, and the market for jewelry is ______.

A. an oligopoly; perfectly competitive

B. an oligopoly; monopolistic competition

C. monopolistic competition; an oligopoly

D. a monopoly; perfectly competitive

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