Author Question: ________ communities open their membership to anyone. Fill in the blank(s) with correct ... (Read 57 times)

leo leo · **on:** Jul 7, 2018

________ communities open their membership to anyone.

Fill in the blank(s) with correct word

Question 2

Describe the three types of environments in which markets operate.

What will be an ideal response?

al · **Reply #1 on:** Jul 7, 2018

Answer to Question 1

Public

Answer to Question 2

The three types of environments are fragmented markets, seller-concentrated markets, and buyer-concentrated markets. Fragmented markets have large numbers of buyers and sellers. In seller-concentrated markets, several large companies sell to a large number of buyers. In buyer-concentrated markets, several large companies buy from a large number of suppliers.