The economic model that compares the amount of competition among businesses in a similar industry is known as <u>market structure</u>.
<h3>What are market structures?</h3>
Market structures describe the nature, presence or absence, and degree of competition among companies, in the same industries.
The theoretical model of an ideal situation in a free enterprise economy developed by economists is known as “perfect competition.”
Other market structures include:
- Oligopoly
- Monopoly
- Monopolistic Competition
- Imperfect Competition.
Thus, the economic model that compares the amount of competition among businesses in a similar industry is known as <u>market structure</u>.
Learn more about market structures at brainly.com/question/15381691
Answer:
A, hope this answer doesnt change due to it being A for me.
Explanation:
Answer:
Migrating due to limited resources could be a reason why the ended up in North America
Explanation:
"Both of them published works that challenged the views of the Church" is the one among the following choices given in the question that <span>Copernicus and Galileo have in common. The correct option among all the options that are given in the question is the first option. I hope the answer has come to your help.</span>
