1. Fantasia's Ice Cream distinguishes itself from other firms through great service by attractive servers. Fantasia's Ice Cream faces competition from firms that produce similar but not identical products. Based on this information, Fantasia's Ice Cream

a.is probably in an oligopoly industry.

b.has a monopoly.

c.probably has a horizontal demand curve.

d.is probably in a perfectly competitive industry.

e.is probably in a monopolistically competitive industry.