In the United States, as in most countries, we value the benefits of a free and competitive market.

After evaluating the four types of market structures, we studied this unit, consider the following:

• Explain how competition plays a role in each of the four types of market structure.
• Who do you consider to be the greatest competition of your selected business while selling pallets of products on amazon? Are they brick-and-mortar or online sales?
• If you consider your selected business to be a monopoly, explain why there is no competition.
• How do you differentiate your goods or services from the competition?