A firm employs 15,000 workers and has annual revenues of over $750 million. Knowing this, we also know that the firm is in what type of market structure?

Question

Quizplus · Accepted Answer

The information provided (number of employees and annual revenues) does not directly indicate the market structure of the firm. Market structures are determined by factors such as the number of firms in the market, the nature of the product (whether it is homogeneous or differentiated), barriers to entry, and the control over price, none of which are specified by the given details.

A Firm Employs 15,000 Workers and Has Annual Revenues of Over