Question

The term market structure refers to

Question 16 options:

the theoretical characteristics of firms in different industries.


the profit-maximizing behavior of firms that use marginal analysis.


the nature and degree of competition among firms in the same industry.


the theoretical characteristics of firms in the same industry

Answer 1

C. The nature and degree of competition among firms in the same industry.

Step-by-step explanation:

read it in my text book