J Pitner Clothing Is a Medium-Size Specialty Men's and Women's

question 195

Multiple Choice

J. Pitner Clothing is a medium-size specialty men's and women's clothing store in a market with many other specialty stores, department stores, and discounters. It has established a reputation for offering high-quality, fashionable merchandise with quality service. J. Pitner's competitive environment would best be characterized as

• A) a monopoly.
• B) an oligopoly.
• C) monopolistic competition.
• D) pure competition.
• E) faceted competition.

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