cameronwarfield cameronwarfield

03-04-2020
Business

contestada

A market with many small businesses competing, but each selling differentiated products, is classified as?

Respuesta :

dacotapcameron7 dacotapcameron7

03-04-2020

Monopolistic Competition because there are many small firms who all have minimal shares of the market. Firms have many competitors, but each one sells a slightly different product.

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