In<u> Pure competition, </u>many firms provide similar products that are considered substitutes for each other. Hence, Option A is correct.
<h3>What is the pure competition?</h3>
A marketing scenario where many companies sell the same product and cannot differentiate themselves from one another; as a result, no firm has a substantial impact on price.
The ease with which new businesses can enter the market and great market knowledge is further existing factors.
Hence, In<u> Pure competition, </u>many firms provide similar products that are considered substitutes for each other. Option A is correct.
The missing part of the question is given below:
A. pure competition
B. oligopolistic competition
C. monopolistic competition
D. a monopoly
E. a duopoly
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Answer:
That statement is true.
Explanation:
The treaty of paris of 1785 marked the end of America's revolutionary war. Prior to the treaty the region of New Netherlands was operated under the British's control.
- In the treaty, The British Government agreed to Let go these territories :
Massachusetts Bay ,Pennsylvania, Carolina , New Hampshire ,Rhode Island Connecticut and Providence Plantations , Delaware, Maryland , Virginia, North Carolina, South , New Netherlands , New Jersey, and Georgia
and granted each of these territories with their own ability to operate their own government. Initially, the French wanted America to give the new Netherlands to them, but Americans rejected that proposal.
Explanation:
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