What is a market structure in which many companies sell products that are similar but not identical called?

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asked Oct 13, 2020 158k views

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ThorngardSO · Answer 1 · 2020-10-19T18:34:42+0000

Only a few sellers, each offering a similar or identical product to the others. Monopolistic Competition. Many firms selling products that are similar but not identical. A duopoly is an oligopoly with only two members.

What is a market structure in which many companies sell products that are similar but not identical called?

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