Differentiating Between Market Structures Table

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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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