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_____ describes a market structure with many sellers that produce identical products (think: "price takers"). Perfect competition Monopolistic competition Oligopoly

_____ describes a market structure with many sellers that produce identical products (think: "price takers"). Perfect competition Monopolistic competition Oligopoly
asked 200k views
2 votes
_____ describes a market structure with many sellers that produce identical products (think: "price takers").

Perfect competition

Monopolistic competition

Oligopoly

asked
User Kyrylo Liubun
by
8.4k points

2 Answers

2 votes

Answer:

perfect competition

Step-by-step explanation:

odyssey ware

answered
User Ian Davis
by
7.9k points
1 vote

Perfect competition describes a market structure with many sellers that produce identical products (think: "price takers").

answered
User Parasietje
by
8.3k points
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