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please help me with this assignments : its about chapter 7 economics alive: Market Structure and market failures. instructions are below, Thank you The four

please help me with this assignments : its about chapter 7 economics alive: Market Structure and market failures. instructions are below, Thank you

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The four blank boxes need to answer the four characteristics of market structure identified by the center box/section. Each of these four boxes need a) two examples or b) an example and image that reflects what is in the box. Number of producers . Is the he number of producers in a market helps determine the level of competition. Similarity of products : The degree to which products is a market are similar also affects competition. Ease of entry Market differ in their ease of entry, which is a measure of how easy it is to start a new Control over prices business and being competing with established business. : Markets also differ in the degree to which producers can control prices. 7.2 What is Perfect Competition and Why Do Economists Like It So Much? Identical products. Many producers. Easy entry into the Perfect market. Competition No control over price. No market power. few restrictions This sketch is a consumer and a producer. Fill in thought bubble for each person that explains one of the benefits of perfect competition. 7.3 What Is a Monopoly, and Why Are Some Monopolies Legal? Monopoly This sketch is a software consumer and a software producer (other than Microsoft). Fill in thought bubble for each person that explains one of the consequences of the monopoly case study of Microsoft. O

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