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Introduction to the Four Market Models
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Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
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Problem 7
Problem 8
Problem 9
Problem 10
Introduction to the Four Market Models
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11. Perfect Competition / Introduction to the Four Market Models / Problem 4
Problem 4
Which market structure would you categorize a local coffee shop competing with several others in the same area?
A
Oligopoly
B
Monopolistic competition
C
Perfect competition
D
Monopoly
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