What is the market situationexist when there are manybuyers and many sellers?O MonopolyRecessionO None of the choicesOligopolyO Perfect competition*

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What is the market situation exist when there are many buyers and many sellers? *

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter14: Monopoly

Section14.1: Why Monopolies Arise

Problem 1QQ

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What is the market situation
exist when there are many
buyers and many sellers?
O Monopoly
Recession
O None of the choices
Oligopoly
O Perfect competition
*

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