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Why Is The Cereal Industry An Oligopoly? [Solved]
A oligopoly is a market structure where 3-5 suppliers dominate the market. The breakfast cereal industry is an oligopoly since four major companies control 80-90% of all sales.
Cereal Industry Oligopoly
Brief video discussing the
4.6 Oligopolistic Competition
This lecture describes
Oligopoly Breakfast Cereal
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