Which of the following is most likely to be characterized by pure competition in the United States?
A) spices
B) cereal
C) soft drinks
D) computer operating systems
E) fast-food restaurants

Question

Quizplus · Accepted Answer

Spices are typically characterized by pure competition because there are many sellers offering similar products, and no single seller can influence the market price.

Which of the Following Is Most Likely to Be Characterized