After reading the material for this discussion on the degrees of competition, what are some of the major components in an analysis of the market structure a

Here are some resources to help you think about the question: Webpage: 

Market Research and Competitive Analysis(new tab)

1. Webpage: Assessing Market Power – What is the Best Factor to Use to Determine Market Share and Assess Dominance?(new tab)
2. Webpage: Porter's Five Forces of Competition Definition(new tab)
3. Here are some resources if you need a refresher on economics
5. . One of the key parts of a market analysis is identifying the market structure in which the product is traded:
   1. eBook: The Economics of Food and Agricultural Markets(new tab) – Chapters 1.3, 3, and 5
6.  After reading the material for this discussion on the degrees of competition, what are some of the major components in an analysis of the market structure a particular agricultural market is in? 
8. How does market structure affect the types of decisions a virtuous manager makes? 
10. How might these components be similar or different from the industry you currently work for or are familiar with?
    1. "What are some of the major components in an analysis of the market structure the [INSERT MARKET] market is in? How does market structure affect the types of decisions a virtuous manager makes?"
    2. Some of the better known AI platforms are Viso Suite, ChatGPT, Jupyter Notebooks, and Google Cloud AI. Or you could submit your own Google search for an alternative AI platform.
       1. How to cite AI(new tab) with The American Psychological Association
          McAdoo, T. (2024, February 23). How to cite ChatGPT. APA Style Blog. https://apastyle.apa.org/blog/how-to-cite-chatgpt.

1. Scan how the AI's response is similar or different from your own response. Were you surprised by anything in the AI generated response?