A company produces and markets an innovative bicycle that pedals and guides itself, using cameras to note its environment and prevent accidents. The bicycle is a success, leading other companies to enter the self-guiding bicycle market and offer similar products at the same price. Even with competitors entering the market, demand for these products remains high and many companies profit. The market described in this passage is an example of Responses A a monopoly.a monopoly. B an oligopoly.an oligopoly. C pure competition.pure competition. D monopolistic competition