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23 July, 19:51

Which of the following markets is described below?

There are many firms in the market; entry into the market is easy; the products produced are similar or identical; and consumers information is imperfect.

A. Perfect competition

B. Monopoly

C. Monopolistic competition

D. Oligopoly

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Answers (1)
  1. 23 July, 20:03
    0
    Monopolistic Competition i believe is the answer
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