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What market structure is the us housing market? State and show how it meets the criteria. For example, are there many firms in the industry,
What market structure is the us housing market? State and show how it meets the criteria. For example, are there many firms in the industry, or just a few, does it make a homogeneous product or several different products, are there high or low barriers to entry, is information on price and quality low cost for the buyer to obtain or not, are firms mutually interdependent? You should provide examples...for example you should not just state that there are few or many firms in the industry. Which market structure do you think it "fits into," and why
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