BUISENESS MANAGEMENT
MERCHANDISING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
There is only one department store in a small, rural town in North Carolina without any competitors. The store dominates the industry in that area. This describes which competitive market structure?
|
Monopoly
|
|
Non-price Competition
|
|
Oligopoly
|
|
Pure Competition
|
Explanation:
There is 1 question to complete.