Small pizza shops exist in just about every town. Anyone can open a pizza shop, and the pizzas from one shop typically have different tastes and sizes to pizzas from another shop. Thus, the pizza industry is an example of
A) perfect competition.
B) monopolistic competition.
C) monopoly.
D) oligopoly.
Correct Answer:
Verified
Q20: Q21: Which of the following is always true Q22: In monopolistic competition, in the long run Q23: In a monopolistically competitive industry, the firms Q24: Brand names are an example of Q26: A monopolistically competitive firm will end up Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A) economies
