History, 29.06.2019 10:50 emilypzamora11

Monopoly market structure with a single seller who produces a product with no close substitutes ("price makers") 2. perfect competition market structure with many sellers who produce differentiated products (such as food, hairdressers, and movie theaters) 3. oligopoly market structure with many sellers who produce identical products ("price takers") 4. monopolistic competition market structure with a few sellers who produce either identical or differentiated products (such as cars and steel)

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Monopoly market structure with a single seller who produces a product with no close substitutes ("pr...