Market structures differ on two important dimensions:
a) price discrimination and product differentiation.
b) number of sellers and product differentiation.
c) surplus maximization and number of sellers
d) price discrimination and surplus maximization

b) number of sellers and product differentiation.

Explanation:

Market structures are used to evaluate the economic environment of a business. There are four main  market structures namely; oligopoly, perfect competition, monopoly and imperfect competition. They are differentiated by two main factors; number of sellers in the market and how the product offered in the market is differentiated. For example in perfect competition, there are many buyers and many sellers whereas in monopoly, there is a single seller and many buyers.

answer; i believe the correct answer is (4.0);

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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