Differentiating Between Market Structures Table
Differentiating Between Market Structures Table
Compare the four market structures by filling in the table.
|
|
Perfect competition |
Monopoly |
Monopolistic competition |
Oligopoly |
| Example organization | ||||
| Goods or services produced by the organization | ||||
| Barriers to entry | ||||
| Number of organizations | ||||
| Price elasticity of demand | ||||
| Is there a presence of economic profits? |
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