Q: Consider the following markets and indicate whether each is best described as perfectly competitive, monopolistically competitive, monopoly (standard or natural), oligopoly, or cartel. In addition, answer any additional questions posed.

A). Assume that there are only three sellers in the aluminum industry each producing identical aluminum sheets. These three firms own all the known sources of aluminum but do not cooperate with one another.

B). College Station pizza outlets where a differentiated product is produced by a large number of sellers. What best explains why one pizza outlet has not achieved a monopoly?

C). The milk industry (make your case)

D). The market for electricity where a single firm can produce electricity at the lowest possible cost.

E). Assume that there are only two full-service airline firms in a country. The service provided to the consumers by each of them is marginally different. The full-service airline industry has high entry costs.

F). Colombian coffee growers produce an identical product and agree to limit production to achieve a higher price.

G). The cigarette industry (make your case)