Market Structures

Business: Tesla

The Week 4 assignment is a group project. During Week 4 or earlier, five to six students are assigned groups. Each group leader will submit the assignment on behalf of their group. Each group selects one factual business example then, responds to the following:

*Distinguish among four market structures: perfect competition, monopolistic competition, oligopoly, and monopoly in this order.

*Identify your companys market structure (i.e., perfect competition, monopolistic competition, oligopoly, and monopoly), explaining your reasoning.

*Examine whether competitive pressures are present in your companys industry with high barriers to entry.