What four characteristics of industry structure choose the four that apply?

Section 1: The Four Industry Types and the Four Characteristics of Pure Competition

  • Pure competition.
  • Monopoly. A monopoly is an industry with only one seller. ...
  • Monopolistic competition.
  • Oligopoly. ...
  • Many sellers. ...
  • Easy entrance. ...
  • Identical products. ...
  • Perfect information.

Related Posts: