# When one firm in the breakfast cereal market started an advertising campaign that stressed the nutritional value of its cereals, all other cereal manufacturers started similar advertising campaign This suggests that the breakfast cereal market is ? with Answer - Economics Mcqs | TestPrep

> Solved MCQ: When one firm in the breakfast cereal market started an advertising campaign that stressed the nutritional value of its cereals, all other cereal manufacturers started similar advertising campaign This suggests that the breakfast cereal market is ? Correct Answer: B. oligopolistic. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# When one firm in the breakfast cereal market started an advertising campaign that stressed the nutritional value of its cereals, all other cereal manufacturers started similar advertising campaign This suggests that the breakfast cereal market is ?

Direct Answer & Quick Reference

The correct option is **B. oligopolistic**.

A. monopolistically competitive

B. oligopolistic **(Correct Answer)**

C. perfectly competitive

D. indeterminate from this information

✨ Explain with AI

Verified Key: B. oligopolistic
Solved by 5,700+ students

Verified against official examination board answer keys and standard curriculum textbooks.

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*Source: https://test-prep.blog/mcq/when-one-firm-in-the-breakfast-cereal-market-started-an-advertising-campaign-tha-04f3b593-dbad-4e0a-91ae-ec27243cf1fd*
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