This paper offers an economic model of the operation of multi-level marketing (MLM) firms in competitive and non-competitive markets. The model takes a recursive approach to analyse decision making at the distributor level in order to understand basic issues in the MLM market and firm structure. Specifically. it is shown that under reasonable assumptions MLM firms will have a limited ... https://www.getpureroutine.com/hot-sale-ethical-nutrients-mega-magnesium-powder-citrus-450g-for-sale-save-big/