1. These are the key points in evaluating business' economic environments. _ 2. What do you call the type of market structure in which there is a single merchant of a product for which there is no close alternative? 3. It is one of the social relations wherein people exchange goods and services. 4. Market structures deal with strategic decision making and focus on what? _ 5. It is a type of market structure wherein a similar product has many sellers. 6. Who are the people concerned about market structures because they have different approaches in this said matter? _ 7. What do you call the type of market structure in which differentiated product has many vendors? 8. Who can precisely judge industry, policy changes, and market news? 9. What provides the existence of different market structures? _ 10. It is a type of market structure wherein there are few sellers of a standardized or a differentiated product. ' I What I Have Learned Directions: Complete the statement by writing what you have learned in this lesson. Cite also at least 3 to 5 concepts you have learned