Market Structures
How might the company you selected find itself working with organizations in the same industry that are an oligopoly, perfect competition, monopoly, or monopolistic market structure. Examine the different sectors with an industry and how market structure may vary within those sectors. the company i selected is Apple Inc.apa 2 references
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Apple Inc. is a company involved in information technology development and, as such, the company traverses a lot of markets before it can get the goods to a consumer. The labour market for the company can be said to be an oligopolistic market in the case of the technical team that is needed for the development of programs. There are not many programmers in the world compared to the demand by the various companies that are involved with software development and programing. In an oligopolistic market, there are few sellers, in this case the sellers of labour, and the sellers offer the same product (Sexton, 332). The oligopolistic market is just but one of the various markets that apple Inc. goes through.
In addition to the oligopoly, apple can also be said to be a company that operates in a …
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