Complete the table by selecting the appropriate response from the drop-down select menu within each cell, except for the final column in which you will enter your text-based response.

Market Structures Market Number of Type of Price Price Formula Freedom of Short-run Long-run Industry Examples Structure Firms Product Sold Taker? Entry? Profit? Profit? Choose an Choose an Choose Choose an Choose an Choose an Choose an [Insert two to three example Perfect item. item. an item. item. item. item. item. industries that meet the criteria of Competition the market structure.] Monopolistic Choose an Choose an Choose Choose an Choose an Choose an Choose an [Insert two to three example Competition item. item. an item. item. item. item. item. industries that meet the criteria of the market structure.] Monopolies Choose an Choose an Choose Choose an Choose an Choose an Choose an [Insert two to three example item. item. an item. item. item. item. item. industries that meet the criteria of the market structure.] Oligopolies Choose an Choose an Choose Choose an Choose an Choose an Choose an [Insert two to three example item. item. an item. item. item. item. item. industries that meet the criteria of the market structure.] Table 4.1