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