An industry comprising a small number of firms, each of which considers the potential reactions of its rivals in making price-output decisions, is called pure competition. pure monopoly. oligopoly. monopolistic competition.

The correct answer for this question is this one: "A. monopolistic competition." An industry comprising a small number of firms, each of which considers the potential reactions of its rivals in making price-output decisions, is called monopolistic competition.

Popular sovereignty or the authority of the people referenced in the permeable of the constitution . this principle states that government power comes from the consent of the citizens.

It gets more wisdom and they know more knowledge