How companies within the market compete with one another

Reference no: EM133537442

Problem: Pick a commodity market you know in the real world (can be goods or services. e.g. corn, potato chips, oil, retail, hospitals, etc.) and discuss to which market structure you think this market likely belongs. Describe what you know about how companies/suppliers within this market compete with one another. Note: in practice, we can't really find a true perfect competitive market, but you can still pick a market that is close to perfect competition as an example.

Reference no: EM133537442

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