Assume the production of a particular good is characterized by signifi
Assume the production of a particular good is characterized by significant economies of scale. In addition, three different versions of the good can be produced, and large segments of the population prefer different versions of the good.
In this case, the preferred market structure for this good would be: A) perfect competition.
B) monopoly.
C) monopolistic competition.
D) oligopoly.
ANSWER
D
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