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Home › Bihar Board Class 12 (Arts) › Economics › Forms of Market and Price Determination › Which sector is commonly cited as oligopolistic?

Which sector is commonly cited as oligopolistic?

ARoadside tea stalls
BTelecom services
CLocal wheat farming
DVillage tailoring
Answer & Solution
Correct answer: B. Telecom services
Telecommunications is dominated by a few large firms, like civil aviation and electricity providers.
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