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Imperfect competition

AP.MICRO: PRD‑1 (EU), PRD‑3 (EU), PRD‑3.B (LO), PRD‑3.B.1 (EK), PRD‑3.B.2 (EK), PRD‑3.B.3 (EK), PRD‑3.B.4 (EK)


The market for walrus hats has one seller and many buyers. Assume all walrus hats sold are identical.
What kind of industry is the market for walrus hats?
Choose 1 answer: