Question
Complete the chart below (market structure) MARKET CHARACTERISTICS TYPE OF MARKET Number of firms in the industry Similar or Different Products Ability to control prices
Complete the chart below (market structure)
MARKET CHARACTERISTICS
TYPE OF MARKET | Number of firms in the industry | Similar or Different Products | Ability to control prices | Ease of entering the industry | Existence of non-price competition | List some other examples |
Pure Competition | ||||||
Monopolistic Competition | ||||||
Oligopoly | ||||||
Monopoly |
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The Theory Of Moral Sentiments
Authors: Adam Smith, D D Raphael
1st Edition
0865970122, 9780865970120
