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Activity 1. Identification
Directions. Read the questions carefully. Identify the type of market structure for each item.
1) If Company A competes with several firms in the industry but withproduct homogeneous to their offers on shelves, what market structure does it enter?
2) If BCX Company competes with few large firms in the industry but withdifferentiated products they offer on shelves, what market structure does it enter?
3) If there are several barriers on the entry and exit of firms in the industrydue to huge amount of capital needed, what market structure are they in?
4) If Company X is the only provider of electricity energy in Metro Manila,what market structure does it join?
5) ABM Supermarket has joined many and small marketers in the industrywith several competitors selling the same products. What market structure does it join?
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