Question 14674 • 2102320-Economics HONORS - Edgenuity Teacher
An oligopoly is a market dominated by a small number of large sellers, which can make it difficult for new firms to enter. In choice B, most phone makers use one of just two popular operating systems, so the market is concentrated and a new producer struggles to enter. Choice C describes a barrier caused by a patent, not necessarily an oligopoly.
AI-written and checked against the verified answer.