Register
I BET NO ONE KNOWS THIS Three restaurants in town sell hamburgers. Restaurant A increases the price of its hamburger to $2; Restaurants B and C follow the example and increase the price of their hamburgers
58.8k views
2 votes
I BET NO ONE KNOWS THIS Three restaurants in town sell hamburgers. Restaurant A increases the price of its hamburger to $2; Restaurants B and C follow the example and increase the price of their hamburgers to $2 as well. This an example of:

A. perfect competition.

B. a monopoly.

C. monopolistic competition.

D. an oligopoly.

User Masta
by
4.7k points

1 Answer

3 votes
i believe it’s b if not i’m sorry
User Keith Neuse
by
5.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.2m questions

6.8m answers

Other Questions

Great Britain is an example of a: O A. Dictatorship O B. Republic with unitary system O C. Constitution monarchy with parliamentary system D. Oligarchy with federalist system​
Is there a correlation between the size of an empire and the amount of power it holds in the world?
What was the effect of the rise of the mass media during the 1920s? A) It led to increased membership in labor unions. B) It contributed to the development of a national culture. C) It caused mass migration
Thomas Edison Is considered one of the greatest investors because he was responsible for
Name African Amer 1. What was the Middle Passage in the Slave Trade?
Link Copied!