2.4 Assignment

1 Market Structure Student’s Name Institutional Affiliation Professor Course Name and Number Date

2 Market Structure PART A FIRM # 1 FIRM # 2 FIRM # 3 FIRM #4 firm name John Deere Chick-Fil-A Facebook Duke Energy number of firms competing with each other? More than 20 competitors Less than 5 firms Not less than 20 competing companies Less than 5 firms nature of the product? Agricultural inputs Beverage and combo meals Social media content and entertainment Energy and power entry into the market? Introducing and implementing the use of quality agricultural inputs such as plow for scouring Started as a mini- restaurant Make the world a better place by facilitating communication and entertainment An icon for sufficient power for better living availability of information to market participants? Readily available Information availability is minimum Readily available Information availability is minimum firm’s control Has no pricing Has an effective Has no price Has an

4 structures with varying outline of rules regarding pricing for the products they provide (Bons, 2020). References Bons, K. (2020). Market structure and the implementation of pricing control alongside mechanisms. Trav, F. (2020). Market structures and their contribution to competitive economies.