The marketplace sets the price for soybeans, so farmers who are trying to sell their soybean crops don't have to create a pricing strategy. The soybeans are sold in a(n) _____ market.

The marketplace sets the price for soybeans, so farmers who are trying to sell their soybean crops don't have to create a pricing strategy. The soybeans are sold in a(n) _____ market.

The marketplace sets the price for soybeans, so farmers who are trying to sell their soybean crops don't have to create a pricing strategy. The soybeans are sold in a(n) _____ market.



A.

oligopoly


B.

pure monopoly


C.

pure competition


D.

monopolistic competition



Answer: C


Learn More :