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If there are many firms participating in a market, the market is either Answer a

ID: 1188386 • Letter: I

Question

If there are many firms participating in a market, the market is either Answer an oligopoly or monopolistically competitive. perfectly competitive or monopolistically competitive. an oligopoly or perfectly competitive. an oligopoly or a cartel. If there are many firms participating in a market, the market is either If there are many firms participating in a market, the market is either an oligopoly or monopolistically competitive. perfectly competitive or monopolistically competitive. an oligopoly or perfectly competitive. an oligopoly or a cartel. an oligopoly or monopolistically competitive. perfectly competitive or monopolistically competitive. an oligopoly or perfectly competitive. an oligopoly or a cartel.

Explanation / Answer

perfectly competitive market or monopolistic competitive market