Which of the following is NOT a determinant of market structure?
A)The number of sellers.
B)The nature of the product.
C)The ease of entering the industry.
D)The capital-labour ratio of the firm.
E)The market share of the sellers.

Question

Quizplus · Accepted Answer

The capital-labor ratio of the firm is not a determinant of market structure. The other options, such as the number of sellers, the nature of the product, the ease of entering the industry, and the market share of the sellers, are all factors that can affect the structure of a market.

Which of the Following Is NOT a Determinant of Market