DeVry ECON 312 Week 3 Assignment
Question # 1) Describe what is meant by market structure. (7 points)
Question # 2) What are some examples of the four different market structures? (7 points)
Question # 3) What are four characteristics of pure competition? (7 points)
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Question # 4) What are the major characteristics of pure monopoly? (7 points)
Question # 5) What are the major barriers to entry that explain the existence of monopoly? (7 points)
