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SEPTEMBER 2025Foundation

35. A fast-food chain introduces a new burger with a unique sauce to differentiate itself from competitors. Although many similar burger options exist in the market, customers perceive this product as distinct. Which type of market structure has been represented in given scenario?

A

(A) Perfect Competition

B

(B) Monopoly

C

(C) Monopolistic Competition

D

(D) Oligopoly

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