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Thanh Owns a Shoe Store

Question 139

Multiple Choice

Thanh owns a shoe store.In this market,there are many firms competing for the same customers,but the products offered differ by quality and price.Out of the four levels of competition,which one does this market represent?


A) Monopolistic competition
B) Pure competition
C) Oligopolistic competition
D) Monopoly
E) Dominant competition

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