Examlex
Which of the following is NOT a determinant of market structure?
Utility Function
A mathematical representation in economics depicting the relationship between consumption choices and levels of satisfaction or happiness.
Labatt Ale
A popular brand of beer produced in Canada, known for its history and variety of brews.
Single Peaked
A type of preference or opinion that, when graphed, shows a single top or highest preference, typically used in voting theory to describe voters' preferences over various issues.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they can be used by more than one person at a time without depletion of the resource.
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