Why are market structures so important

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Why are market structures so important? What policies make sense to you with regard to the U.S. wheat or corn markets? What about the automobile or airplane markets? Why do you (we hope!) choose different policies for each? What about new inventions, such as computers, antibiotics, or toothpastes? Is some sort of regulation needed here too? If not, why not?

Reference no: EM131222879

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