Question

Market structure depends upon:______.

a. the ability of firms to differentiate their goods and services.
b. the number of firms in the market.
c. the ease of entry and exit.
d. all of the above.

Answer 1

d

Step-by-step explanation:

market structure depends upon the ease of entry and exit, the number of firms in the market, the ability to differentiate their goods and services, easy transfer of the factors of production etc.