Welcome to Westonci.ca, where your questions are met with accurate answers from a community of experts and enthusiasts. Get quick and reliable solutions to your questions from knowledgeable professionals on our comprehensive Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Industrial Organisation is defined as the study of the structure of firms and markets and of their interactions. Why is it important for policy makers to understand how markets are structured and organized and what approaches can be used to guide effective policies? Discuss using your own words.