Characteristics of a firm

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Reference no: EM13782398

Select any firm or product. Use two characteristics of a firm (number of sellers, type of product, and barriers or ease of entry) to classify if this firm or product is perfect competition, monopoly, monopolistic competition, or oligopoly.

Then post a response to another post providing the third characteristic of that product, or provide justification using a characteristic on why that firm/product may be a different market structure.

The rules:

1) You must have two posts and at least 200 words and/or 6 sentences with proper spelling and grammar.

2) Title your entry as your firm or product i.e. "Ford" or "Cars". Each product or firm may only be used for one post, so if someone uses Ford, you can not use Ford, cars, or any other car company. (You may use different products of the same firm.)

Reference no: EM13782398

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