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Consider the markets for maple syrup, running shoes, real estate, mouthwash, and gym memberships in a town with one gym. In what type of market
Consider the markets for maple syrup, running shoes, real estate, mouthwash, and gym memberships in a town with one gym.
In what type of market is each good or service sold?
Maple syrup is sold in and running shoes are sold in market.
A a perfectly competitive; a monopolistically competitive
B a monopolistically competitive; a perfectly competitive
C a perfectly competitive; an oligopolistic
D a monopolistically competitive; an oligopolistic
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