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An industry comprised of a very large number of sellers producing a standardized product is known as: A. monopolistic competition. B. oligopoly. C. pure monopoly. D. pure compet…

An industry comprised of a very large number of sellers producing a standardized product is known as: A. monopolistic competition. B. oligopoly. C. pure monopoly. D. pure compet…
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An industry comprised of a very large number of sellers producing a standardized product is known as:

A. monopolistic competition.
B. oligopoly.
C. pure monopoly.
D. pure competition.

User Fahim Farook
by
8.3k points

1 Answer

13 votes

Answer

The answer is Oligopoly

Step-by-step explanation:

The answer is Oligopoly

User Bladefury
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