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Mindful Baking is a gourmet bakery chain that differentiates itself from a large number of competitors by providing baked goods for people who have various
Mindful Baking is a gourmet bakery chain that differentiates itself from a large number of competitors by providing baked goods for people who have various food allergies. It has some pricing power because it provides differentiated products and, therefore, has some entry barriers in place. In this scenario, Mindful Baking is most likely operating in a(n) Question 13 options: oligopoly. monopoly. perfectly competitive industry. monopolistically competitive industry
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