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In A(n)________ Structure,there Are Many Sellers,each Having Slightly Different Products

question 31

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In a(n) ________ structure,there are many sellers,each having slightly different products and each having only a small share of the market.

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Definitions:

Terms of Payment

The conditions under which a seller will complete a sale, typically specifying the period allowed to a buyer to pay for the goods or services received.

Equal Credit Opportunity Act

A United States federal law ensuring all consumers are given an equal chance to obtain credit, regardless of race, religion, national origin, sex, or marital status.

Discriminating

The act of making distinctions or differentiating between objects, subjects, or concepts.

Creditors

Individuals or institutions to whom money is owed by a debtor for provided goods or services, or as a result of a loan agreement.

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