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There Are Lots of Retail Stores to Buy Running Shoes

Question 28

Multiple Choice

There are lots of retail stores to buy running shoes in Canada. Walmart, Payless Shoes, Sporting Life, Sears, Athletic World, and the Running Room are just a few examples. There are a variety of prices, styles and designs to choose from. This is an example of:


A) pure competition
B) monopolistic competition
C) a monopoly
D) an oligopoly

Correct Answer:

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