Question

How do market structure affect competition?​

Answer 1

Answer:

The market structure affects the supply of different commodities in the market. When the competition is high there is a high supply of commodity as different companies try to dominate the markets and it also creates barriers to entry for the companies that intend to join that market.

Answer 2

Answer:

The market structure affects the supply of different commodities in the market. When the competition is high there is a high supply of commodity as different companies try to dominate the markets and it also creates barriers to entry for the companies that intend to join that market

Explanation:

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