Discussion Post: Market Structure
Choose an industry or market* and, based on the material in the last few chapters, analyze what type of market structure best describes your chosen industry/market. (i.e., is your industry monopolistically competitive, a monopoly, an oligopoly, or a perfectly competitive market). Be very specific and provide data and examples to back up your argument. (Your goal is to convince us that your choice of market structure is the correct one).
*You can choose to focus on a broad industry (ex. the grocery industry), or you can narrow your focus and discuss a segment of that industry (ex. the grocery industry in Bangor Maine).
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.