Market Structure

Market Structure

Introduction

A diversified economy supports several forms of market structures running on a parallel basis differing from each other depending upon the industry in which they operate and kind of product they produce.  Market structure types mainly constitute monopoly, oligopoly, perfect competition etc based on a number of distinguishing factors namely market conditions, product demand, availability of substitute suppliers, size of the firm among others (Reynolds, 2005).

Answer - 1

Subway operates as one of the fastest growing chain of restaurant. It has conveniently reached out globally and managed to sustain the extreme competition to emerge as one of the ...