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Homework answers / question archive / Considering the relevant market structures, which is an incorrect statement? a

Considering the relevant market structures, which is an incorrect statement? a

Marketing

Considering the relevant market structures, which is an incorrect statement?

a. In a perfectly competitive situation, there is an extremely large number of firms,

b. In pure monopoly, there is only one firm,

c. In monopolistic competition, there is a large number of firms,

d. In any market situation, the number of firms is not very important.

Option 1

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