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Consider what you have learned from the Week 3 lesson content. Do some research, if necessary, and find an example of a company that operates
Consider what you have learned from the Week 3 lesson content. Do some research, if necessary, and find an example of a company that operates in one of the 4 market structures:
- Perfect Competition
- Monopoly
- Monopolistic Competition
- Oligopoly
To complete this discussion activity,click the "Reply" button (see below) and include the following information in your post:
- Identify the company you have chosen.
- In your own words, identify the type of market structure your company operates in and explain why you believe it to be an example of that type of market structure.
- Think about the level of control of pricing for the type of market structure you have identified, and briefly explain how operating in this type of market structure would affect the level of consumer demand for the company's product as it relates to pricing.
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