Social Studies, 18.11.2020 06:50, danielahchf

ANSWER IS C. PERFECT COMPETITION Suppose there are 1,000 businesses that produce widgets. These widgets are all basically the same, performing similar tasks with
little-to-no difference in their design or performance. The market for widgets would be classified as what kind of market structure?
A)
Monopoly
B)
Oligopoly
Perfect Competition
D)
Monopolistic Competition

ANSWER IS C. PERFECT COMPETITION

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ANSWER IS C. PERFECT COMPETITION Suppose there are 1,000 businesses that produce widgets. These wid...