Summarize the differences between the four market types

Summarize the differences between the four market types

Write a 1,750- to 2,450-word paper:



•         Summarize the differences between the four market types.

•         Provide a general explanation of how business may maximize profit within each market type.

•         Identify the market type in which the selected business exists.

•         Explain how this market type affects the selected business’s ability to maximize profits.

•         Determine the optimal profit maximizing strategy for the selected business within its given market type.

•         Explain specifically how this strategy may be used to maximize profits within the given market type.