Answer:
Monopolistic competition
Step-by-step explanation:
If I will fly from LA to New York, and 15 separate airlines provide the service. This market will be described as monopolistic competition. Because as we know monopolistic competition describes an industry in which numerous firms propose products and services which are alike, although not absolute replacements. Barriers to entry as well as an exit concerning a monopolistic competitive industry remain moderate and the determinations of any one firm do not undeviatingly affect those of its opponents. Monopolistic competition is intimately related to the business policy of trademark differentiation.