question archive Which type of competition is characterized by a small number of firms, homogeneous products and costly entry and exit? A) perfect competition B) monopolistic competition C) oligopoly D) monopoly
Which type of competition is characterized by a small number of firms, homogeneous products and costly entry and exit? A) perfect competition B) monopolistic competition C) oligopoly D) monopoly
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Which type of competition is characterized by a small number of firms, homogeneous products and costly entry and exit?
A) perfect competition
B) monopolistic competition
C) oligopoly
D) monopoly
Option 1
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