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For monopolistic competition, oligopoly, monopoly, perfect competition. List the following for each market structure. -number of firms -Price control by individual firms -type of product
For monopolistic competition, oligopoly, monopoly, perfect competition. List the following for each market structure.
-number of firms
-Price control by individual firms
-type of product
-ease of entry and exit in the market for individual firms(List specific barriers to entry for those market structures that have them)
-availability of information
-Nonprice behavior and examples( where applicable)
-unique characteristics of market( where applicable)
-example
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