Define the general concept of market structure

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Define the general concept of market structure and analyze the four primary market models (pure competition, monopoly, monopolistic competition, and oligopoly.) Select a specific industry or industries that characterize each model and elaborate on the characteristics and performance of each in demonstrating the qualities representative of their respective markets. (Some examples of distinguishing characteristics may include number of firms in the industry, existence of industry leadership and percent of market share distribution.)

Reference no: EM13695959

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