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Learning Team Assignment Due Day 7: Differentiating Between Market Structures Table and Paper
Resources: Market Structure Table Complete the Market Structure Table located on your student web site. Write a 1,050- to 1,400-word paper addressing the following questions:
Compare and contrast public goods, private goods, common resources, and natural monopolies. Explain how labor market equilibrium is affected by the supply and demand of labor. Select an organization with which you are familiar and identify the market structure of that organization. Describe the characteristics of the organization that make it a specific market structure. Evaluate the effectiveness of this structure for the organization. For your selected organization, summarize the factors that affect labor supply and demand.
Submit the team’s paper and table as separate documents. Format your paper consistent with APA guidelines.