I NEDD HELP MATCHING THE PRODUCTS

1. Please match the following products with their most likely market supply structure.

_____ Monopolistic Competition a. Glass of tap water

_____ Monopoly b . Computer processors

______ Pure Competition c. Bushel of Corn

____ Oligopoly d. Pepperoni Pizza

2. Please match the following products with the best fitting 'economic characterization'

____ Game Theory a. Government 'Free' Cheese

____ Adverse Selection b. Individual Health Insurance

____ Price Ceiling c. Mobile Phone Plan

3.Match the following economic concepts with most accurately fitting descriptor.

_____ Traditional (Tullock) Dead Weight Loss a. Triangle shaped area

_____ Thompson Dead Weight Loss b. area represented between Demand Curve and Market Price of Good

_____ Consumer Surplus c. Triangle and Rectangle shaped area

_____ Producer Surplus d. area represented between Supply Curve and Market Price of Good

_____ Price Floor d. 'Rent Controlled' Apartment

4.Please match the below Market Structure with the best fitting 'economic description'.

____ Simple Monopoly a. No Consumer Surplus

____ Perfect Price Discriminating Monopolist b. No "Dead Weight Loss"

_____ Perfect Competition in Long Run c. Excess Profits

___ __ Perfect Competition in Short Run d. "Dead Weight Loss"