Why are so many familiar industries oligopolies

Can you help me understand this Economics question?

1. Describe the role that workers play in the game of economics.

Workers play a vital role in the economics. The workers are the ones who make the products and provide the services sold by producers. Although, when workers make goods and services, they go about as producers. However, when they buy things, they go about as consumers. For instance, Workers are in the middle of being consumers and producers. These two parts can be played at the same time. For instance, when a cafeteria employee is conveyed to purchase bread, that worker is both a producer(somebody making food) and a consumer(somebody purchasing food).Therefore, workers play a double part. They are producers and in the meantime consumers.

(3 points)

2. Explain why the worker's role is unique.

The workers role is unique and they play important roles in economics. They can go about as consumers and producers at the same time. They can choose what to purchase or what to produce, and the amount of it to purchase or to produce. Workers are important to any business in light of the fact that they are the ones who can play the role of producer or consumer. In conclusion, nothing can be made without workers, therefore, they have a unique role in the economics.

(2 points)

3. Explain why it is important for producers to conduct market research.

It is important for producers to conduct market research because if producers are able to know and get an understanding of what consumers will buy, they will be able to know what products they can sell. Producers will know the wants and needs of

consumers by conducting market research and so they can make plenty of sales and allow their business to grow.

(3 points)

4. Give at least one example of a type of market research that producers conduct. Explain the kind of information this research provides.