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Health
Health
owned by another.
Market Structure No. of Sellers Types of Product Entry/Exit to market Pricing Power Example Product/
Service
Monopoly 1 seller The type of goods that few barriers The producer have Lechon
are produced in this to enter and it is easy the power to set the manok
market is the only one for producers to quit price of the product
in the area whenever they want
(Food)
#4
#5
#6
#7
#8
#9
Entrepreneurship is the process of developing, organizing, and running a new business to generate profit
while taking on financial risk. In a broader sense, entrepreneurship is the process of transforming the status quo
by solving the most pressing problems and pain points in our society, often by introducing an