Some traits of market structure are:
- It measures the count of competing firms to explain how rivalry shapes market behavior.
- It assesses how much control firms have over pricing to show how flexible market prices remain.
- It identifies how unique each product appears to clarify how buyers match features with what they prefer.
- It evaluates how easily existing firms can leave the market to clarify how stable or unstable competition becomes in the long run.
- It checks how easily market data can be accessed to clarify how accurately buyers judge value and risk.
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