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Classify each of the following businesses by their characteristics. For parts o. through d., write Pure Competition, Pure Monopoly, Monopolistic Competition or Oligopoly. Answer the
Classify each of the following businesses by their characteristics. For parts o. through d., write Pure Competition, Pure Monopoly, Monopolistic Competition or Oligopoly. Answer the questions in parts e. through h. Give a brief explanation for your answer for each part, Sophia owns an agricultural business that produces beans. When she takes her beans to sell them, she can sell her entire harvest, but she has to accept the going price on the market because there are so many other bean farmers
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