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Elis [28]
3 years ago
7

Which market structure describes many firms selling the exact same product -- like a commodity?

Social Studies
1 answer:
bazaltina [42]3 years ago
4 0

Answer:

Monopolistic competition

Explanation:

Monopolistic competition is a market structure in which many firms sell products that are similar but not identical. Monopolistic competition describes a market with the following attributes: Many sellers: there are many firms competing for the same group of customers.

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