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10. A market consisting of many firms producing a homogeneous product, having complete knowledge of relevant information, no power over the product's market price, and
10. A market consisting of many firms producing a homogeneous product, having complete knowledge of relevant information, no power over the product's market price, and low barriers to entry is characteristic of
Group of answer choices
a. Monopoly.
b. Monopolistic competition.
c. Oligopoly.
d. Perfect competition.
e. None of the above.
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