Stella and Matt went to the mall.While there they passed a Vans store,Nike's store,New Balance store,and Adidas store.Matt commented that there was really a large number of sellers and noted that there seemed to be many buyers as well.What kind of market competition is represented by these stores?
A) Perfect.
B) Monopolistic.
C) Oligopoly.
D) Monopoly.

Question

Quizplus · Accepted Answer

The Answer of Stella and Matt went to the mall.While there they passed a Vans store,Nike's store,New Balance store,and Adidas store.Matt commented that there was really a large number of sellers and noted that there seemed to be many buyers as well.What kind of market competition is represented by these stores?
A) Perfect.
B) Monopolistic.
C) Oligopoly.
D) Monopoly.

Stella and Matt Went to the Mall