Question: Start your discussion by responding to these questions using the company for which you currently work, a business with which you're familiar, or a dream

Start your discussion by responding to these questions using the company for which you currently work, a business with which you're familiar, or a dream business you want to start:

  • With your selected business in mind, determine if it is in a market characterized by perfect competition, monopolistic competition, oligopoly, or monopoly.
  • How does the business/firm in this industry determine the price it will charge for the products or services it sells

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