Business, 16.09.2019 17:40 XxJadexX6527

·firms produce and sell identical products
· firms have a relatively small market share
· consumers are aware of the products and their prices
· there are few barriers to entry into the market
all of these are describing what market type of market structure?
a) monopoly
b) oligopoly
c) perfect competition
d) monopolistic competition

Answers: 2

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·firms produce and sell identical products
· firms have a relatively small market share
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