In which market model are the conditions of entry into the market easiest?
A)pure competition
B)pure monopoly
C)monopolistic competition
D)oligopoly

Name: In which market model are the conditions of entry into the market easiest? A)pure competition B)pure monopoly C)monopolistic competition D)oligopoly
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Question

Quizplus · Accepted Answer

In a pure competition market model, there are many sellers and buyers, and the products are homogeneous, making it easy for new firms to enter the market.

In Which Market Model Are the Conditions of Entry into the Market