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Ivanshal [37]
3 years ago
6

Can I get help on this please?

Social Studies
1 answer:
jok3333 [9.3K]3 years ago
8 0

Option D

monopolistic competition type of market structure is most closely associated with fast-food restaurants

<u>Explanation:</u>

Monopolistic competition is a market edifice that merges components of monopoly and competing demands. Basically, a monopolistic competitive market is unitedness with freedom of approach and exodus, but firms can adapt their goods.

Consequently, they have a rigid demand curve and so they can fix charges. Though, because there is the privilege of the entrance, super-normal profits will prompt more firms to subscribe to the market-leading to ordinary gains in the extended session.

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