An example of an oligopoly market would be one in which ___ firm(s) sell(s) ____% of the output.

A) 1;95
B) 3;10
C) 4;80
D) 250;35
E) 1,000;99

Oligopoly Market

A market structure characterized by a small number of firms controlling a large majority of the market share, leading to limited competition.

Output

The total amount of goods and services produced by an economy or a production process, serving as a key indicator of economic health.