Table related to the definition and characteristics of the various market structures. Each individual characteristic of the various types of market structure in one or two sentences.

elaborate on the characteristics of each market structure.

Perfect competition

Characteristics:

A.

B.

C.

D.

E.

Monopoly

Characteristics:

A.

B.

C.

D.

E.

Monopolistic competition

Characteristics:

A.

B.

C.

D.

E.

Oligopoly

Characteristics

1.

2.

3.

4.

5.

Part II:

Two (2) of the market structures and, for each one, two (2) products (not companies) that can be found in those structures.

In one (1) paragraph . It abounds in the characteristics of the product to be able to justify the classification.

A. Market structure # 1

B. Product # 1

C. Product # 2

Justify why this product is classified in this way:

A. Market structure # 2

B. Product # 1

C. Product # 2

Justify why this product is classified in this way: