A market structure in which many sellers offer similar, but not standardized, products to consumers is called

perfect competition
oligopolistic competition
monopolistic competition
focused competition

Question

A market structure in which many sellers offer similar, but not standardized, products to consumers is called
 	
	perfect competition
	oligopolistic competition
	monopolistic competition
	focused competition

anonymous · Answer

Hi :) you can find your answer here: http://www.investopedia.com/university/economics/economics6.asp It will also provide you some explanations about each one of your choices and from there, you will be able to understand the differences between them.