Answer:
represent an oligopoly in which there are few sellers, and each seller has considerable control over price.
Explanation:
Car manufacturers are an oligopoly because they are relatively companies that operate around the world, they all offer similar products although they are not identical (e.g. sedans, SUVs, pickup trucks, etc.), and they all possess a considerable market power. Also it is very difficult for a new company to enter the market because the barriers of entry are extremely high since each company sells millions of cars per year worth billions of dollars. Also, when of them starts a promotional activity, the rest will probably follow.
