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Normal No Spacing Heading 1 Heading 2 Market Structures In the table below, there are examples of different industries. Fill in the columns corresponding to

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Normal No Spacing Heading 1 Heading 2 Market Structures In the table below, there are examples of different industries. Fill in the columns corresponding to the characteristics of market structures and determine the market structure of each industry. Industry # of Concentration Product Barriers to Individual Type of sellers ratio Differentiation entry sellers control Market (1, few, (high, medium, (yeso) (high, over price Structures many) low) medium, (high, (O, PC, low) medium, low, MC, M)* none Auto (example) Few High Yes High High O Fast Food Cellphone Carrier Novels (writing) New Patented Medicine for Malaria Metro Bus in King County Teflon (Brand Coating for pans Sellers on Ebay selling the same item Lawn-care *O: Oligopoly PC : Perfect Competition MC: Monopolistic Competition M: Monopoly OF

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