The competitive situation of many national, regional, and private label brands of peanut butter is likely one of a(n):

The competitive situation of many national, regional, and private label brands of peanut butter is likely one of a(n):

The competitive situation of many national, regional, and private label brands of peanut butter is likely one of a(n):



A.

pure monopoly.


B.

oligopoly.


C.

monopolistic competition.


D.

pure competition.



Answer: B


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