Two gas stations operate on the same busy intersection is the best example of a pure competition market. Thus, option (c) is correct.
What is market?
By "market," we imply a situation where buyers and sellers interact with money to exchange products and services.
In terms of economics, this refers to an agreement between two or more enterprises to establish the same prices or to limit their output in order to raise prices. This kind of cooperation is prohibited under US law.
As a result, option (c) is correct.
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