In Sao Paulo,Brazil,there Are More Than 20 Stores Specializing in Selling

Multiple Choice

In Sao Paulo,Brazil,there are more than 20 stores specializing in selling the same quality and brand of wheat products located in one street.An individual seller cannot charge more than the going price without the risk of losing business to the other stores.This is an example of what type of market?

A) pure competition
B) monopolistic competition
C) oligopolistic competition
D) a pure monopoly
E) black market