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Market Structures Chapter 7: Market Structures Market Structures Chapter 7: Market Structures

Market Structures Chapter 7: Market Structures - PowerPoint Presentation

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Uploaded On 2018-09-30

Market Structures Chapter 7: Market Structures - PPT Presentation

KEY CONCEPT A market structure is an economic model that helps economists examine the nature and degree of competition among businesses in the same industry WHY THE CONCEPT MATTERS The level of competition in a market has a major impact on the prices of products The more sellers compete for yo ID: 683435

competition market sellers prices market competition prices sellers price characteristics monopoly control key concepts government characteristic product firms products

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