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 di'erentiated product. a 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