Product promotion strategy and standardized product

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Reference no: EM13981368

An industry which has no barriers to entry, no product promotion strategy, a standardized product, and a very large number of firms operating within it, is said to have:

a. a monopoly market structure.

b. monopolistic competition.

c. perfect competition.

d. monopolistic competition.

e. an oligopoly market structure

Reference no: EM13981368

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