Deep River Manufacturing is one of many companies in an industry making a food product. Deep River units are identical up to the point they are labeled. Deep River produces its labeled brand, which...

Deep River Manufacturing is one of many companies in an industry making a food product. Deep River units are identical up to the point they are labeled. Deep River produces its labeled brand, which sells for $2.20 per unit, and house brands for seven different grocery chains that sell for $2.00 per unit. Each grocery chain sells both the Deep River brand and its house brand. The best characterization of Deep River’s market is:

A. oligopoly. B. perfect competition. C. monopolistic competition.