0 pts
States a market structure for the chosen firm.
Describes amount of competition in a way that is consistent with market structure.
Describes barriers to entry in a way that is consistent with market structure.
Describes product differentiation in a way that is consistent with market structure.
Describes the ability to earn a profit in a way that is consistent with market structure.
States if the firm is a price maker or price taker.
Describes price making versus price taking in a way that is consistent with market structure.