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Four primary market structures are

1 Monopoly 2. duopoly 3. oligopoly 4. perfect competition

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Q: What are the 4 basic market structure and explain how they differ from one another?
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The prisoners' dilemma is used to explain what kind of market?

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1.) Perfect Competition2.) Imperfect Competition3.) Oligopoly4.) MonopolyIn economics, market structure (also known as the number of firms producing identical products.)Monopolistic competition, also called competitive market, where there are a large number of firms, each having a small proportion of the market share and slightly differentiated products.Oligopoly, in which a market is dominated by a small number of firms that together control the majority of the market share.Monopoly, where there is only one provider of a product or service.Perfect competition is a theoretical market structure that features unlimited contestability (or no barriers to entry), an unlimited number of producers and consumers, and a perfectly elastic demand curve.


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the structure of the media market?


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