Eco help!!?

list 4 goods or services that you have purchased that were produced by an oligopolist. why are these industries oligopolistic, rather that monopolistically competitive?

Answer:
Industries are oligopolistic, generally speaking, because they have very high entry barriers and large capital requirements.
Oligopolist:
Gasoline at a Shell station
GM car
Cable TV
Cellular phone

The main reason that these were ologopolies was because there was choice and a few number of firms have a majority of the market:

The retail gas market is a good example of an oligopoly because a small number of firms control a large majority of the market.

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