In the United States,milk Is Produced on Thousands of Farms,with

Multiple Choice

In the United States,milk is produced on thousands of farms,with no producer dominating the market.Producers sell milk at the going price and are unable to influence this price.Millions of gallons of milk are purchased every day.What type of competition is the market for milk?

A) a monopoly
B) an oligopoly
C) perfect competition
D) monopolistic competition
E) a cooperative