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BTEC Business
Unit 1- Exploring a business
Different market structure
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Cards (14)
Market Structures
:
Perfect Competition
:
Large
numbers
of producers:
Identical Products
:
Freedom of entry and exit
:
Readily Available
information:
Imperfect Competition
:
Monopolies/Monopoly:
Monopolies/Monopoly:
Oligopolies/Oligopoly:
Oligopolies:
Monopolistic Competition
:
Barriers to entry
:
Product Differentiation
: