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What your question is asking is how does this market structure, this interconnected
structure of agents, strengths and products determine a business's decisions about
pricing.
A business's pricing decisions are made under the determining influence of other
agents in the market. For instance, if the market has strong competitors generating
strong brand loyalty and the market is a difficult one to make entry into, a competing
business will not decide to compete by setting higher prices on the presumption that
a higher value good (giving greater rpoduct value to the customer, for example,
shoes made of leather uppers and insoles) will generate a competitive clientele. The
existing strong competitors will continue to pull customers based on brand loyalty
and "competitive" pricing.
A business's pricing decisions are determined by taking into account all the
influences and strengths of the all the market structure elements and adjusting their
internal product pricing decisions accordingly.
In all other market structures, firms have some control over their pricing. In
oligopolies, they must pay attention to the pricing decisions of competitors, but they
do not really need to do this in monopoly or monopolistic competition. However, in
all of these cases, firms must (to maximize profit or minimize loss) produce the
quantity were their marginal revenues equal their marginal costs. They must then
charge a market clearing price--the price that will clear exactly that quantity of their
product.
Market structure does affect firms' pricing decisions, but firms are never simply free
to set their own prices if they want to maximize profits.
Reference: https://www.enotes.com/homework-help/how-market-structures-
determine-pricing-decisions-290148