EC 2000

Market Structure Exercise

DIRECTIONS:Decide which market structure best describes the following businesses or situations.Also, add a note about what you believe the real market of competition includes for each case - is it a local, regional, national, or world marketplace for these companies or cases?For this issue, think how far a customer for the product or service would range to "shop" for this product or service, and then give your reasoning for choosingmonopoly,oligopoly,monopolistic competition, orperfect competition.

1) City swimming pool

2) Campbell soup company

3) The Sunset Tavern

4) An attorney for probate purposes - wills, divorce, etc.

5)The Columbus Dispatchdaily newspaper

6) Roadside farm market

7) Coca-Cola

8) Blockbuster video

9) Joe Molar, local dentist

10) Simon & Schuster publisher

11) Sony for game systems

12) Little Tikes pre-school

13) home-based child care

14) HeidelbergCollege

15) Columbus Blue Jackets hockey (NHL)

16) Domino's pizza

17) Boeing for passenger jets

18) NASA

19) Ticketmaster for major concert tickets

20) Merck for depression meds - Zoloft

21) Dominion Homes home builder/real estate developer

22) Kroger

23) American Airlines

24) salmon fishing

25)Southland cinema, local movie house in Marion, Ohio