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Your Spice Company's Pricing Is Set According to the Laws

Question 34

Multiple Choice

Your spice company's pricing is set according to the laws of supply and demand.Therefore,when selling your spices you depend on the market to establish the price at which you will sell your spices.Which type of market are you operating in?


A) Pure competition
B) Oligopoly
C) Monopoly
D) Monopolistic competition
E) Duopoly

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