Multiple choice

The structure of the cold drink industry in India is best described as

  1. perfectly competitive

  2. monopolistic

  3. oligopolistic

  4. monopolistically competitive
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

India's cold drink industry is an oligopoly - dominated by a few major players (Coca-Cola, PepsiCo) with significant market power and barriers to entry. It is not perfectly competitive (few firms, not many), not a monopoly (more than one firm), and not monopolistically competitive (high brand differentiation, significant barriers).

Keep practicing — related questions