Jimmy Johns, Subway, Jason's Deli, and Quizno's all specialize in sandwiches to satisfy consumers' hunger at breakfast, lunch, and dinnertime. Quizno's is known for its toasted sandwiches and appeals to a more upscale customer with its attractive restaurants, "meatier" options, and higher price points. What type of competitive environment best characterizes Quizno's approach to marketing?
a. monopolistic competition
b. limited competition
c. faceted competition
d. oligopolistic competition
Answer: a. monopolistic competition