In an industry comprised of three companies, which are small-scale manufacturers or an easily replicable product unprotected by brand recognition or patents, the most representative model of company behavior is: O oligoply. O perfect competition. monopolistic competition.

In an industry comprised of three companies, which are small-scale manufacturers or an easily replicable product unprotected by brand recognition or patents, the most representative model of company behavior is: O oligoply. O perfect competition. monopolistic competition.

Microeconomics A Contemporary Intro

10th Edition

ISBN:9781285635101

Author:MCEACHERN

Publisher:MCEACHERN

Chapter10: Monopolistic Competition And Oligopoly

Section: Chapter Questions

Problem 11PAE

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Transcribed Image Text:In an industry comprised of three companies, which are small-scale manufacturers or an easily replicable product unprotected by brand recognition or patents, the most representative model of company behavior is: O oligoply. O perfect competition. monopolistic competition.

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