Question: Which statement is true? ( LO2 ) a) Most of American industry is engaged in cutthroat competition. b) Most of American industry does not compete.

Which statement is true? ( LO2 )

a) Most of American industry is engaged in cutthroat competition.

b) Most of American industry does not compete.

c) Some oligopolistic industries are more competitive than others.

d) None of these statements is true.

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