2. Using the following features, assign each characteristic, to a market / industry type. Note: the characteristic may apply to more than one market / industry type. Be sure to include all market / industry types to which the characteristics applies.

-Price makers / searchers

-Profit maximizing relationship between MR and MC

-Number of sellers (differentiate based on degree of price control)

Answer rating: 100% (QA)

MarketIndustry Types based on Characteristics Based on the information provided we can map the characteristics to the following marketindustry types 1 ... View the full answer