Amazon Market Structures
Use Amacher, R. and Pate, J. (2019). Principles of microeconomics (2nd ed.). Retrieved from https://content.ashford.edu as one of your resources.Describe monopolistic competitionDescribe monopoly
Identify Amazons market structure (i.e., perfect competition, monopolistic competition, oligopoly, and monopoly), explaining your reasoning.Evaluate how high barriers to entry into the industry may influence Amazon long-run profitabilityAnalyze how the role of the government may affect your Amazon ability to price its products
