Which industry structure is characterized by a few interdependent firms dominating the market? Question 3Answer a. Oligopoly b. Perfect competition c. Monopoly d. Monopolistic competitionWhich of the following is a potential risk of a differentiation strategy? Question 1Answer a. Limited market demand for unique products b. Increased customer loyalty and brand recognition c. Difficulty in maintaining cost competitiveness d. Inability to adapt to changing customer preferences