(5 points)

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1. Choose an oligopolistic industry from the list provided. List at least three companies in this industry.

(5 points)

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1. What types of products do these companies sell?

(5 points)

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1. How many major companies are in the industry, and what percentage of the market do these companies control?

(5 points)

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1. Why do you think this industry is characterized by an oligopolistic market structure instead of another market structure, such as monopolistic competition?

(5 points)

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1. What types of incentives are effective in attracting customers to buy the industry's product(s)?

(5 points)

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1. What are the barriers to entry into this industry?

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