Boeing and Airbus are the main civil aircraft manufacturers. The technology and other fixed costs required for other players to enter the market are very high. Thus, Boeing is a:

Question

BlackTom AI · Accepted Answer

The question describes a market dominated by a very small number of large firms (Boeing and Airbus) with high fixed costs and significant barriers to entry for new players. This setup is a classic depiction of an oligopolistic market structure.

Option analysis:

- Option: oligopolist.
  Rationale: In an oligopoly, the market is controlled by a few large firms, and entry barriers (such as high technology and fixed costs) prevent easy market entry for others. The aerospace industry is the textbook example, where Boeing and Airbus largely determine competitive dynamics, prices, and capacity constraints. This aligns with the given description of high fixed costs and costly entry barriers leading to a market with only a few dominant players.

Note on potential alternative choices (not present here):
- If the question had included options like 'monopolistic competition' or 'perfect competition,' those would be incorrect because they imply numerous small firms or differentiated products with low entry barriers, neither of which fits the Boeing–Airbus context.
- If it had suggested 'monopoly,' that would imply a single firm dominating the market, which is not the case here since there are two major players, not one.

In summary, given the two-firm concentration and substantial entry barriers, identifying Boeing as an oligopolist is consistent with economic theory on market structure in high-technology, capital-intensive industries.

Boeing and Airbus are the main civil aircraft manufacturers. The technology and other fixed costs required for other players to enter the market are very high. Thus, Boeing is a:单项选择题

类似问题

Which of the following best represents the most distinctive characteristic of an oligopoly?

Question at position 30 The television industry in the United States is controlled by a limited number of giant corporations, making the industry a(n) ______. agglomerationfree marketmonopolisticoligopolistic

Refer to the table of information about Go-Fast and Interweb again. What will be the likely outcome if the two firms act in a rivalrous (competitive) manner?

What does 'mutual interdependence' refer to?

Refer to the table of information about Go-Fast and Interweb again. What will be the likely outcome if the two firms act in a rivalrous (competitive) manner?

Which market structure is game theory most applicable to?

更多留学生实用工具

智能学习助手

风格化写作助手

论文查重助手

文献引用助手

课堂转译助手

课堂笔记助手

Quiz搜索助手

学校历年真题

智能刷题助手

智能匹配练习

希望你的学习变得更简单