List the Four Types of Market Structures Based on the Economic

question 236

Essay

List the four types of market structures based on the economic theory,and provide an example of an industry or business for each of the four types.

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Definitions:

Subjective Assessment

Evaluation based on personal opinions, feelings, or viewpoints rather than objective measurements or criteria.

Proprium

In psychology, refers to the aspects of a person's self or personality that they consider as central to their identity.

Functionally Autonomous

A concept where behaviors or motives, once developed in response to a specific need, continue independently of their original purpose.

Human Nature

The inherent characteristics, behaviors, and tendencies that are considered typical or fundamental to all human beings.