Which of the Following Market Types Has the Fewest Number

question 57

Multiple Choice

Which of the following market types has the fewest number of firms?

• A) perfect competition
• B) monopolistic competition
• C) oligopoly
• D) monopoly
• E) perfect competition and monopolistic competition

---

Definitions:

Sales Presentation

A talk or exhibition organized by a salesperson to introduce a product or service to potential customers, aiming to persuade them to make a purchase.

Vendor Analyses

The process of evaluating suppliers based on various criteria such as price, quality, reliability, and service to select the best vendors for business needs.

Sales Call Objective

The goal or desired outcome of a sales call, such as to introduce a product, make a sale, or gather information.

Main Purpose

The primary goal, objective, or intended outcome of an action, strategy, or product.