Perfect competition is the correct answer because in a fruit market, there are usually many buyers and sellers, each offering a similar product. In perfect competition, there is a large number of buyers and sellers, homogeneous products, perfect information, no barriers to entry or exit, and no market power for any individual buyer or seller. This scenario is likely to be observed in a fruit market where multiple sellers offer similar fruits, and buyers have the freedom to choose from different sellers based on price and quality.