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    Introduction to Business
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    Exam 1: Understanding Economic Systems and Business
  5. Question
    A Market in Which There Are a Large Number of Firms
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A Market in Which There Are a Large Number of Firms

Question 135

Question 135

Multiple Choice

A market in which there are a large number of firms that differentiate their products is called:


A) perfect competition
B) oligopolistic competition
C) monopolistic competition
D) an oligopoly
E) an imperfect monopoly

Correct Answer:

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