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Product Markets: Price Makers

APMICR-Y@XLLJ

The following are the four different types of market structures for product markets.

I. Perfect Competition
II. Monopolistic Competition
III. Oligopoly
IV. Monopoly

In which of the above market structures would a firm be a price maker (searcher)?

A

I only

B

I and II

C

II and III

D

II, III, and IV

E

I, II, III and IV