An industry comprising a small number of firms, each of which considers the potential reactions of its rivals in making-price output decisions, is called a. monopolistic competitionb. oligopolyc. pure monopolyd. pure competition
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Home » Business » An industry comprising a small number of firms, each of which considers the potential reactions of its rivals in making-price output decisions, is called a. monopolistic competitionb. oligopolyc. pure monopolyd. pure competition