Question

Type the correct answer in the box.
James wants to start his own fast food restaurant. Into which market structure is he venturing?
James wants to start his own fast food restaurant. what market is he venturing to ​

Answer 1

Answer:

Perfect Competition market structure

Explanation:

This exists where a good no of buyers and sellers trade in similar products at a closely related price.In such structure , it is difficult for a particular firm to influence the price of its product as there is little or very minimal influence on the price of the commodity.

Answer 2

Answer:

Perfect Competition market structure

Explanation: