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bixtya [17]
3 years ago
5

Hurry plzz

History
1 answer:
Crazy boy [7]3 years ago
6 0

Answer:

One of the characteristics of a free-market system is that suppliers have the right to compete with one another. The number of suppliers in a market defines the market structure. Economists identify four types of market structures: (1) perfect competition, (2) pure monopoly, (3) monopolistic competition, and (4) oligopoly. (Figure) summarizes the characteristics of each of these market structures.

Explanation:

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