What are the barriers entry for new competitors

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Reference no: EM132565044

Market Structures

Using the company that you have?selected for your Assignments,?respond to all of the below prompts:

Question 1: What market structure does your company exemplify, in your opinion?

Question 2: Justify your choice by answering the questions below:

Question 3: What is the approximate number of sellers in your market?

Question 4: What are the barriers entry for new competitors?

Question 5: How much market power does your company possess?

Question 6: How much differentiation is there between the products of your company and those of its competitors?

Question 7: How does your company's market structure impact the options you have for?pricing practices?

Reference no: EM132565044

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