There's a Large Number of Bakeries in the United States

Multiple Choice

There's a large number of bakeries in the United States and each of these bakeries produces similar, but not identical, products. Some bakeries will claim to have the best cupcakes in town, while others will brag about other items like cookies or specialty breads. The bakery market is an example of

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