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Describe the 4 market structure and how each market structue assist in starting of a business?
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- there are four (4) characteristics or term in which we can differentiate a market structure from each other. they are?Explain why new entrepreneurial business owners select or target their customers. What are the disadvantages associated with not choosing the customers?What industry contains the three main market structures characteristics?
- 1.In briefly. _What are the 4 market structures? Give their characteristics..?A. Explain, how or why the commodity (say bottled water) market can be considered as a good example of perfect competitive market? B. Explain why perfect competitive markets are regarded as the best market structure for the society?KIND can be considered a "social enterprise." Again, what does the term mean? Whatever the term means, what do we learn about the strategy of such an enterprise?
- Explain the different types of market structure ( bullet points)In Brazil, coffee beans are cultivated by a very large number of small farms that all produce beansof similar quality and taste at similar costs. Land is still plentiful, and the equipment required isaffordable enough to allow new farming businesses to start up under current market conditions.However, better production techniques, especially alternatives to polluting fertilisers anddeforestation, are needed in this industry. Using the theory and models of industry structure, examinethis industry. Should government be worried about any aspect of how an industry with this marketstructure will perform?What issues do the online businesses face? How are they similar to offline competition? How are these issues resolved (market v. nonmarket) in the online and offline business? Use the theory fo the 4 Is. Issues are understood as moral concerns, consequences, justice, and rights at stake which can be resolved by either market or non-market action.