Problem Solving Activity Four
This Problem
solving activity involves the understanding of demand, supply, equilibrium,
and the market structures that try to increase demand for profits.
After reading the outlines for the chapters in domain three, the problem
solving activity involves taking the four major market structures (pure
competition, monopolistic competition, oligopolies, and monopolies) and
explain one way that each structure tries to increase demand for its products
or services. Use an internet search engine to find out how the market structures
differ in their quest for increasing demand.
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