5.1 Market Structures
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Last updated 1:25 PM on 9/30/25
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4 Terms
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Which factors distinguish different market structures?
Number of firms, degree of product differentiation, and ease of entry.
2
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What are the two extremes on the spectrum of market structures?
Perfect competition and pure monopoly.
3
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What are the 4 Market Structures
Perfect Competition, Monopolistic Competition, Oligopoly, Monopoly
4
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What is a market structure
The Characteristic of a market
Note 
Flashcards (77)