Joint-stock companies
a. increased trade between the west indies and north america.
b. established the columbian exchange.
c. reduced investment fraud.
d. allowed individuals to combine their money to invest.

Eon inc., electravia inc., and fc inc., the three largest firms in the consumer electronics industry, hold close to 85 percent of the industry's market share. these companies mainly compete against each other by providing unique features in their products rather than pricing them low. these firms are interdependent, and each firm must consider the strategic actions of its competitors. which of the following industry competitive structures does this scenario best illustrate? monopolistic competition oligopoly monopoly perfect competition