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Before Deciding on a Pricing Strategy, Worldwide Widgets Consults with Its

Question 298

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Before deciding on a pricing strategy, Worldwide Widgets consults with its market intelligence team to understand what discounts the Gargantuan Gizmo Company is offering. The model that BEST fits this industry is


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

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