9
lesson pretestMultiple Choice

Pretest

Question 9 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY

In an oligopolistic market, consumer choice is

Answer
A
infinite.
B
extensive.
C
limited.
D
nonexistent.

Explanation

An oligopoly is a market dominated by a small number of firms. Consumers can choose among those firms’ products, but they have fewer alternatives than in a highly competitive market, so consumer choice is limited. The correct choice is “limited.”

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