In Vin del Mar, Chile, there are a dozen stores specializing in selling the same quality of seafood products on one street

An individual store dare not charge more than the going price without the risk of losing business to the other stores that are selling the fish at a common price. This is an example of what type of market?
A) perfect competition
B) monopolistic competition
C) oligopolistic competition
D) a monopoly
E) an oligopoly

A

Business

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