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 answer-question

Economics For Investment Decision Makers

ISBN: 9781118111963

1st Edition

Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto

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Question Posted: Mar 09, 2024 11:02 AM

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In an industry comprised of three companies that are small-scale manufacturers of an easily replicable product unprotected

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Economics For Investment Decision Makers

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