Form of Competition in Which Many Sellers Compete with Their

question 234

Multiple Choice

form of competition in which many sellers compete with their products on a substitutable basis within a price range is called

• A) pure competition.
• B) cross-market competition.
• C) an oligopoly.
• D) monopolistic competition.
• E) a monopoly.

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Definitions:

Generates Revenues

The process by which businesses engage in activities that result in the inflow of cash or other assets from delivering goods or services.