NAIMMCQ Marketing In the United States, four major music companies receive 80 percent of recording revenues. Such a market structure is termed as a(n) _____.

In the United States, four major music companies receive 80 percent of recording revenues. Such a market structure is termed as a(n) _____.

Marketing

In the United States, four major music companies receive 80 percent of recording revenues. Such a market structure is termed as a(n) _____.

a. monopsony
b. oligopoly
c. monopoly
d. duopoly

Answer: B

NAIMMCQ

In the United States, four major music companies receive 80 percent of recording revenues. Such a market structure is termed as a(n) _____.

In the United States, four major music companies receive 80 percent of recording revenues. Such a market structure is termed as a(n) _____.

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