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Fast food restaurants that compete at selling hamburgers are an example of: monopolistic competition, perfect competition, a monopoly or oligopoly

User Ibram Reda
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Answer: Fast food restaurants that compete at selling hamburgers are an example of monopolistic competition.

Explanation: In monopolistic competition, there are many sellers in the market who offer similar but not identical products. Each seller has a degree of control over the price of their product because they differentiate it from their competitors through branding, quality, location, or other factors. Fast food restaurants compete in a monopolistically competitive market as they differentiate their products by using unique recipes, branding, and other marketing tactics.

User Paulos
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