Question

____________, or the control of a product or service by just a few companies, commonly occurs in publishing; a few major publishers put out most best-selling books, and relatively few companies control many of the nation's highest-circulating magazines.

a. Oligopoly Correct
b. Monopoly
c. Vertical integration
d. Horizontal integration

Answer 1

a. Oligopoly

Step-by-step explanation:

Oligopoly is when there are few large firms operating in an industry. This industry usually have high barriers to entry.

A monopoly is when there is only one firm operating in an industry.

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