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Milkshake - Kelis
My milkshake brings all the boys to the yard,
“It’s better than yours/…/I can teach you/But I’d have to charge.” What sort of market structure is Kelis operating in: price taker, price searcher with low entry barriers, or price searcher with high entry barriers? How would competition affect Kelis’s market and what is she doing to protect her profits?
[Provided by Rhiannon Roselle - Beloit College]