Welcome to Westonci.ca, the place where your questions are answered by a community of knowledgeable contributors. Our Q&A platform provides quick and trustworthy answers to your questions from experienced professionals in different areas of expertise. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

What type of competition exists when a large number of firms produce goods that are similar, but customers believe there is a difference?
Multiple Choice
a. perfect competition
b. monopolistic competition
c. oligopoly
d. a monopoly