For Each of the Following Products and Industries, Determine Whether

question 176

Essay

For each of the following products and industries, determine whether the market structure is perfect competition, monopolistic competition, oligopoly or monopoly.
a. mobile phone services
b. soft drinks
c. local water
d. the automobile industry
e. fast food in a city
f. the textbook industry
g. television networks
h. market for second hand cars

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Definitions:

Securities Laws

Securities laws are legislations and regulations designed to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation, governing the creation and trading of securities.

Securities Act

A law aimed at regulating the offer and sale of securities to protect investors from fraud.

Securities Exchange Act

A federal law governing the trading of securities, such as stocks and bonds, to protect investors against malpractices.

Registered

The status of having one's name or details officially recorded, typically in a specific list or database, for purposes such as legal acknowledgment or qualification.