Multiple Choice
There are generally, in most areas, a large number of qualified physicians whose services are highly personalized.In addition to price, factors such as age, sex, location, and personality influence the choice of physician.Thus, the market is best described as
A) perfectly competitive.
B) a differentiated oligopoly.
C) a monopoly.
D) monopolistically competitive.
Correct Answer:
Verified
Correct Answer:
Verified
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