Question

Rahul recently started his own T-shirt company selling T-shirts that feature imprints of his original and hand-drawn designs. While there is another similar T-shirt company in his area, Rahul isn’t too worried about the competitive structure that he is in because no one has the kind of original designs that he does. What type of competitive structure is Rahul MOST likely involved in?

A. Perfect competition
B. Monopolistic competition
C. Oligopoly
D. Mono-competition

Answer 1

A

Step-by-step explanation:

Because no one has the kind of original designs that he does