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A particular area has many grocery stores.Each store carries basically the same products as the others and has about the same amount of business. To
A particular area has many grocery stores.Each store carries basically the same products as the others and has about the same amount of business. To gain more customers, each of the stores runs an ad claiming that it is different from the competing stores by the freshness of its produce, the homemade quality of its baked goods, the service offered by its employees, and so on. The area's grocery stores are participating in which type of market structure?
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