Oligopoly

Which market structure is BEST indicated by the soda market?

• monopoly
• pure competition
• oligopoly
• natural monopoly

An industry that is dominated by a few large firms is 

• monopolistic competition.
• a monopoly.
• perfect competition.
• an oligopoly.

The soda market would be which type of market structure?

• monopoly
• oligopoly
• perfect competition
• monopolistic competition

A formal organization of sellers or producers who regulate the production, pricing, and marketing of a product

• Imperfect  competition 
• Monopoly 
• Cartel
• Market structure 

A group of firms combined in order to reduce competition in an industry 

• Trust
• Antitrust legislation
• market share
• oligopoly 

conspiring among business to set the prices of competing production

• pricing fixing
• trust
• market share
• oligopoly

An agreement among or between competing business to divide up in a market

• market allocation
• predatory pricing
• cease and order 
• public discourse

Businesses can "Collude" or work together to set prices

• Oligopoly
• Monopoly
• Perfect Competition

Pepsi, Coca Cola

• Oligopoly
• Monopoly
• Perfect Competition

 What would be an example of a type of a NATURAL monopoly? 

• NFL
• city water company
• Coca-Cola in a school
• CBS station in Indy