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Determine whether the following rms operate in an industry that is considered a perfectly competitive market or pure monopoly. a. Katherine's Orchard sells apples in
Determine whether the following rms operate in an industry that is considered a perfectly competitive market or pure monopoly. a. Katherine's Orchard sells apples in Washington. a state in which many orchards are selling similar apples. 0 pure monopoly O perfectly competitive market b The Station operates a gas station in a small town, with no close competitors for miles. 0 pure monopoly O perfectly competitive market c. Moe's Service Center is the only service station in town to offer brand name tires. 0 perfectly competitive market 0 pure monopoly d. The Coffee Shop offers coffee for the market price. It is unable to charge any price above the market price or customers will purchase coffee from a competitor. O perfectly competitive market 0 pure monopoly
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