EXTREMELY COMPETITIVE - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -- - - - - - - - NOT COMPETITIVE

Market Structures
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A Market Structure is an economic model used to analyze and understand:

1. How much control producers have over pricing



2. How many producers are providing similar goods or services







3. How those producers compete with each other


4. How hard it is to compete with other businesses
PRICE MAKERS: PRICE TAKERS:
PRICE COMPETITION NON-PRICE COMPETITION
Market Structures