How do you differentiate your goods or services from

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Question: In the United States, as in most countries, we value the benefits of a free and competitive market.

After evaluating the four types of market structures, we studied this unit, consider the following:

  • Explain how competition plays a role in each of the four types of market structure.
  • Who do you consider to be the greatest competition of your selected business? Are they brick-and-mortar or online sales?
  • If you consider your selected business to be a monopoly, explain why there is no competition.
  • How do you differentiate your goods or services from the competition?

 

Reference no: EM133526126

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