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definition: is a market in which a large number of firms produce essentially the same product
- Firms tend to sell the same product for the same price connected key terms:commodities
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▪ target v walmart ▪ coffee bean v starbucks |
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definition: is a market in which a large number of firms produce essentially the same product
- Firms tend to sell the same product for the same price connected key terms:commodities
|
▪ target v walmart ▪ coffee bean v starbucks |