Question: The basic form of market structure that allows three hamburger restaurants to operate on one corner on Riverside Drive in Danville (e.g., Wendy's, McDonald's, Burger

The basic form of market structure that allows three hamburger restaurants to operate on one corner on Riverside Drive in Danville (e.g., Wendy's, McDonald's, Burger King) is

Select one:

a. monopoly

b. monopsony

c. oligopoly

d. perfect competition

e. monopolistic competition

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