The market for tomatoes is A. monopolistically competitive because tomato farming has barriers to entry. B. an oligopoly because each tomato farmer produces a large share of the output. C. perfectly competitive because tomato farmers produce identical products. D. perfectly competitive because tomato farmers have market power. E. a monopoly because tomatoes have no close substitutes.
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Home » Business » The market for tomatoes is A. monopolistically competitive because tomato farming has barriers to entry. B. an oligopoly because each tomato farmer produces a large share of the output. C.