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Four primary market structures are

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

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Explain how to separate sand,salt and rubbing alcohol?

At one farmer’s market, bananas cost $0.80 per pound. At another farmer’s market, bananas are sold in 5-pound bags for $4.50 per bag. Which explains how to find the better buy? ??i need help


How can the stock market be natural?

The stock market is a zero sum game. When someone gains, another looses. It is more akin to leagalized gambling.


What is an characteristic of oligoply?

An oligopoly is characterized by a market structure where a small number of large firms dominate the industry. These firms have substantial market power which allows them to influence prices and other market outcomes. Oligopolies often involve interdependence among firms, with decisions by one firm impacting the actions of others in the market.


Classify lear's sales force structure what role has this structure played in the company's successes and failures?

Lear's sales force structure is likely a hierarchical one, with regional sales managers overseeing sales representatives in different territories. This structure has helped the company manage its sales efforts more effectively by providing clear lines of authority and communication. However, it may also lead to slower decision-making processes and hinder agility in responding to market changes. Successes and failures are often a result of how well this structure adapts to changing market conditions and customer needs.


What is A pure monopolist?

A pure monopolist is a market structure in which a single firm dominates the industry and has significant control over the market supply and pricing. This firm is the sole provider of a particular product or service, facing no competition and having the ability to set prices at higher levels without losing customers.

Related Questions

Identify and explain the market structure in which the Toyota company is operating?

monopolistic competition


The prisoners' dilemma is used to explain what kind of market?

The prisoners' dilemma is to explain an oligopoly market structure. It gives reasons as to why two individuals may not cooperate even if it is to their benefit.


What are four basic types of market structure and explain how they differ from one another?

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.


Market structure of Australia?

market structure of Australia


Describe the structure of the media market?

the structure of the media market?


Is an oligopoly market structure the most efficient market structure?

no it is not


Explain why a product might fail in one market but survive in another. Provide an example?

maybe the advertisement


What market structure best describe the market for cars in the US?

What market structure best describe the market for cars in the US?


How business market differ from consumer market?

Business market differ from consumer market in terms of how decisions are made, and the size of purchases. Existence of experienced purchasers and number of buyers are the other differences of the two market types.


How does a futures market differ from a stock market?

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What is the role of the government in the market structure?

the role of the government in the market structure is to control inflection


Which is the market structure of the media industry?

Market structure of the media industry: Oligopoly