Refer to the scenario above. This is an example of a(n) ________

The above figure shows a restaurant engaged in monopolistic competition with other restaurants. The equilibrium quantity at this restaurant is ________ meals per day

A) less than 150 B) between 151 and 250 C) between 251 and 350 D) between 451 and 450 E) more than 451

The market for agricultural products such as wheat or corn would best be described by which market model?

A. Monopolistic competition B. Pure competition C. Pure monopoly D. Oligopoly