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    banking industry

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    Which market structure best describes the banking industry? Provide supporting evidence why the banking industry falls under that particular classification (Perfect Competition, Monopoly, Oligopoly, Monopolistic Competition). Such evidence may be in the form of anecdotal evidence, stated industry concentration from cited sources, etc.

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    https://brainmass.com/economics/banking/banking-industry-100572

    Solution Preview

    In my opinion, the banking industry falls under perfect competition, except for some specialised banks like the reserve bank which has more of ...

    Solution Summary

    This post examines the banking industry.

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