There are four different market structures into which all fi

There are four different market structures into which all firms and industries fit into. They are Pure or Perfect Competition, Pure Monopoly, Monopolistic Competition and Oligopoly. Name any firm (e.g. McDonalds, Jackson Electric, or Home Depot) or any industry at large (e.g. Fast Food, Electricity, or Home Improvement Industry). How would it fit into one of these four market structures?

Solution

Firm Name : Domino\'s Pizza, Inc

Industry : Quick Service Restaurants

This would come in the Monopolistic Competition as the all companies offers the same products that is Pizza but have difference on basis of Ingredients or marketing.