michst00 michst00

09-11-2016
Social Studies

Answered

The movie industry is an example of which of the following market structures?

Aoligopoly
Bmonopoly
Cperfect competition
Dmonopolistic competition

Verified Answer :

andriansp andriansp

17-03-2018

I believe the answer is Oligopoly.
Oligopoly refers to the market where all products is made by small number of producers/Sellers.
In current united States movie industries, the majority of the most profitable movies are controlled by only 6 Companies.

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