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    Question

    The competition between McDonald's, Wendy's, and Burger

    King is known as which form of competition?
    A Pure competition Correct Answer Incorrect Answer
    B Cross-market competition Correct Answer Incorrect Answer
    C Oligopoly Correct Answer Incorrect Answer
    D Monopolistic competition Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Pure competition is a form of competition in which every company has a similar product.

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