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AP® Microeconomics

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Mike's T-Shirt Kiosk

APMICR-H14XDZ

Mike opens a kiosk in the mall to sell t-shirts of various professional and college sports teams. There are 55 other stores in the mall and over 100 stores online that sell similar products. Mike develops a popular following in the community due to his special labeling MSports. Mike is selling what type of market?

A

Perfect competition

B

Monopolistic competition

C

Oligopoly

D

Monopoly

E

Monopsony