Suppose that there are only two firms in the automobile industry in a particular country. Which term describes the country's automobile market? Use letters in alphabetical order to select options
A monopolistic competition
B duopoly
C double monopoly
D Nash equilibrium

Duopoly ( B )

Explanation:

The term that describes a country's market whereby there are only two firms in any industry is ; Duopoly  

A Duopoly economy is a type of economy whereby the entirety of an Economy is solely controlled/owned by a not more than two industries/companies, this type of economy can be said to be a form of Oligopoly in its simplest form. while a monopolistic competition involves just one company or industry controlling the economy

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