Try to classify the following firms into one of the four market strucutre models. Explain your choice. a) Rowena's gourmet foods (produces and sells a line of speciality foods) b) Shasta Pools and Spas (swimming pool and spa building ) c) Merck (Pharmaceuticals) d) US Airways e) UDC Homes (builders) f) Legal Sea Foods (restaurant chain)

Try to classify the following firms into one of the four market strucutre models. Explain your choice. a) Rowena's gourmet foods (produces and sells a line of speciality foods) b) Shasta Pools and Spas (swimming pool and spa building ) c) Merck (Pharmaceuticals) d) US Airways e) UDC Homes (builders) f) Legal Sea Foods (restaurant chain)

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter14: Monopolistic Competition And Product Differentiation

Section: Chapter Questions

Problem 8P

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