Characteristics of the Various Market StructuresThe market structures influence how price and output decisions are made by the firms in their respective structure. In all market structures one of the primary goals is to maximize profits or minimize l
Characteristics of the Various Market StructuresThe market structures influence how price and output decisions are made by the firms in their respective structure. In all market structures one of the primary goals is to maximize profits or minimize losses.One of the major differences between these market structures is how price and output decisions are made which in turn depends on the characteristics of each market structure. There are four market structures:Required:Template A:PerfectCompetitionMonopolisticCompetitionOligopolyMonopolyNumber of FirmsPricing DecisionsOutputDecisionsProfitDemand CurveEase of EntryProduct DifferentiationDeliverables:All submissions must be original and all resources must be acknowledged. due friday morning 4/18/14