Large Cities Typically Have Many Grocery Stores, and Most Sell

question 128

Multiple Choice

Large cities typically have many grocery stores, and most sell similar products of various brands and quality. The grocery store market in a big city can be BEST classified as

• A) a competitive market.
• B) an oligopoly.
• C) a monopoly.
• D) monopolistic competition.

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Definitions:

Fake Cigarettes

Products designed to mimic the appearance and sometimes the sensation of smoking, often used as aids in quitting smoking.

Cause-Effect Relationships

The principle that one event (the cause) directly leads to another event (the effect).

Independent Variable

The variable in an experiment that is manipulated to observe its effect on the dependent variable.

Manipulate

To control or influence something or someone skillfully, often in an unfair manner.