Fill in the blanks

Question 1 of 13 | Pag Show instructions Question 1 (22 points) Fill in the empty cells of the table using the word bank. Each term in the word bank will be used only once. Pure Competition Monopolistic Competition Oligopoly Monopoly Number of Competitors 1. 2. 3. 4. Control over price 5. 6. 7. 8. Non-price competition none advertising 9. 10 Ease of Entry 11 12. 13. 14. Type of Product 15. 16. 17. 18. Examples 19 20 21. 22. Word Bank: no power or price taker few differentiated gas stations impossible some control over price advertising price-setting power automobiles difficult agriculture very easy relatively easy one considerable control over price utilities many unique none homogenous very many standardized or differentiated Blank 1: Blank 2: Blank 3: Blank 4: Blank 5