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m3jazzie
m3jazzie m3jazzie
  • 27-02-2017
  • Social Studies
Answered

Please describe an oligopolistic industry.

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Anonymous Anonymous
  • 27-02-2017

An oligopoly (from Ancient Greek ὀλίγος (olígos), meaning "few", and πωλεῖν (polein), meaning "to sell") is a market form in which a market or industry is dominated by a small number of sellers (oligopolists).

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KylieDun21
KylieDun21 KylieDun21
  • 27-02-2017

Its basically an industry, with very few people buying.
Hope this helps~!
~{Isle of flightless birds}

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