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Match the description of the industry to the type of market in which it belongs. Drag each item on the left to its matching i
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1. Three more store's entering the town after seeing jimena's success is an example of monopolistically competitive market - This is because in a monopolistically competitive market, higher profits encourage more new firm's to enter into the industry in the short run.

2. Crab fishermen charging similar price's belong to a perfectly competitive market - This is because in a perfectly competitive market, the firms charge similar price's and are hence considered as price takers.

3. Consumer's getting tap water from only one place is an example of a monopoly market - this is because the tap water market is run by a single firm which might be unique in nature.

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