In an industry comprised of three companies that are small-scale manufacturers of an easily replicable product unprotected
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In an industry comprised of three companies that are small-scale manufacturers of an easily replicable product unprotected by brand recognition or patents, the most representative model of company behavior is:
A. oligopoly.
B. perfect competition.
C. monopolistic competition.
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Related Book For
Economics For Investment Decision Makers
ISBN: 9781118111963
1st Edition
Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto
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