In the market structure of perfect competition, a consumer would find the greatest number of businesses selling identical products. In perfect competition, there are many firms that offer the same product, and no single firm has market control. This leads to a large number of sellers in the market.
In which of the following market structures would a consumer find the greatest number of businesses selling identical products?
Group of answer choices
monopoly
monopolistic competition
perfect competition
oligopoly
1 answer
1 answer