The most common competitive structure in the United States is
A) monopoly.
B) monopolistic competition.
C) oligopoly.
D) pure competition.

Name: The most common competitive structure in the United States is A) monopoly. B) monopolistic competition. C) oligopoly. D) pure competition.
Brand: Quizplus
Rating: 4.9 (27 reviews)

Question

Quizplus · Accepted Answer

Monopolistic competition is the most common competitive structure in the United States, characterized by many firms competing with slightly differentiated products, allowing for some degree of market power.

The Most Common Competitive Structure in the United States Is