What I Can Do Directions: Read the situations carefully. Tell whether it is an example of oligopoly market or not. Put a check on the column of your answer. SITUATIONS OLIGOPOLY NOT 1. A businessman started his pizza store. He looks at the prices of pizza in the market. After knowing it, he also imposes the same price to his products. 2. An aircraft manufacturing company imposes a 30% discount for all their products as part of their holiday promo. They have gained more customers than normal days. Due to this, other competitors decided to reduce their prices as well. 3. In Quezon City, a newly established automobile company created a grand opening promo. They are selling their products with several discounts. Meanwhile, other companies also created a promo to maintain their high sales despite the promo of the newly established company. 4. In the mall, there are only few stalls which sell shakes. You noticed that one of the stalls have higher price than the others. 5. Unlike Jake and other competitors, Sarah did not increase the price of the salad she sells