All along the beach in San Diego, California are shops which rent boogie boards by the hour. Tourists perceive that all rental boogie boards are identical, all prices are clearly listed on signs in front of the shops, and there are no restrictions on entry and exit in the boogie board market. What type of market is the boogie board market?
A) monopoly
B) oligopoly
C) monopolistic competition
D) perfect competition
Correct Answer:
Verified
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