According to the information provided, what type of market structure is most likely to characterise the fresh tuna market?

Name: According to the information provided, what type of market structure is most likely to characterise the fresh tuna market?
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Question

Quizplus · Accepted Answer

The fresh tuna market is most likely characterized as a perfect competition due to the presence of many sellers and buyers, the homogeneous nature of the product, and the ease of entry and exit in the market.

According to the Information Provided, What Type of Market Structure