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MC Qu. 10-07 (Algo) An industry comprising... An industry comprising 50 firms, each with about 2 percent of the total market for a differentiated product,

MC Qu. 10-07 (Algo) An industry comprising...

An industry comprising 50 firms, each with about 2 percent of the total market for a differentiated product, is an example of

Multiple Choice

pure competition.
pure monopoly.
monopolistic competition.
oligopoly.

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