quick and easy discussion; no plagiarism

The Constant Fight for Probability: Market Structure and Porter’s Five Forces

What is market structure and what is Porter’s five forces?

Select a monopolistic competitive firm and an oligopoly firm. Then apply Porter’s five forces and compare:

1. What are the challenges to profits faced by each firm?

2. Which firm is likely to have a much higher rate of return?

3. What challenges to profits arise due to supply chain and intermediary consumers such as processors and distributors?

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