Marketing MCQ Marketing If competitive market circumstances are such that there is almost no price competition, no product differentiation, and the only advertising that informs prospects that the product is available, then ____ must exist in this industry.

If competitive market circumstances are such that there is almost no price competition, no product differentiation, and the only advertising that informs prospects that the product is available, then ____ must exist in this industry.

Marketing

If competitive market circumstances are such that there is almost no price competition, no product differentiation, and the only advertising that informs prospects that the product is available, then ____ must exist in this industry.

a pure monopoly

an oligopoly

monopolistic competition

pure competition

Answer: D

Marketing MCQ

If competitive market circumstances are such that there is almost no price competition, no product differentiation, and the only advertising that informs prospects that the product is available, then ____ must exist in this industry.

If competitive market circumstances are such that there is almost no price competition, no product differentiation, and the only advertising that informs prospects that the product is available, then ____ must exist in this industry.

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