Homework Help: Agricultural economics

Posted by Deberal on Saturday, January 14, 2012 at 6:17pm.

Would you characterize the market for food items in the US as purely competitive, monopolistic or oligopolistic?

Agricultural economics - Ms. Sue, Saturday, January 14, 2012 at 6:23pm
I'll be glad to check your answer.
Agricultural economics - Deberal, Monday, January 16, 2012 at 5:18pm
Ifeel that it is a purely competivitive market based on the fact that many firms can enter easily and the products are fairly similar therefore giving everyone the opportunity to enter into the market with little effort.

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