Examlex
Which of the following is an example of a raw material exporting economy?
Pure Monopoly
A market structure where a single seller controls all of a product's supply and can set prices without competition.
Pure Competition
A market structure characterized by a large number of small firms, a homogeneous product, and easy entry and exit, leading to perfect competitive markets.
Differentiated Oligopoly
A market structure where a few firms dominate, but differentiate their products through branding, quality, or other means to compete.
Soft Drink Industry
A sector of the beverage industry that produces and sells non-alcoholic drinks such as sodas, carbonated waters, and flavored drinks.
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