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I am looking for the below question detailed answar. Market Structures - JWI 515 Week 6 DQ In what type ofmarket structure does your company
I am looking for the below question detailed answar.
Market Structures - JWI 515 Week 6 DQ
- In what type ofmarket structure does your company compete?
- Justify your choice by answering the questions below:
- What is the approximate number of sellers in your market?
- What are the barriers to entry for new competitors?
- How much market power does your company possess?
- How much differentiation is there between the products of your company and those of its competitors?
- How does your company's market structure impact the options you have forpricing practices?
Reference:
www.cnet.com/tech/services-and-software/amazon-pulls-off-surprise-profit-thanks-to-prime/
www.forbes.com/sites/neilhowe/2017/11/17/a-special-price-just-for-you/?sh=3c8e648390b3
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