ECO 365 WEEK 3 Market Models Worksheet

<span itemprop="name">ECO 365 WEEK 3 Market Models Worksheet</span>

ECO 365 WEEK 3 Market Models Worksheet

ECO 365 WEEK 3 Market Models Worksheet

Complete the Market Models Worksheet.

Click the Assignment Files tab to submit your assignment.

Complete the table:

Perfect              Monopolistic

Competition         Competition      Oligopoly  Monopoly

Numberof Firms(one, few

or many)

Type ofProduct(identical,

differentiated,

or unique)

could beeither

identical or

differentiated

SignificantBarriers To Entry?(yes or no)
IndustryExample(cars, fast food,

Patented Rx

drugs, fruit)

Positiveeconomicprofit in

long-run

equilibrium?

(yes or no)

 

ECO 365 WEEK 3 Market Models Worksheet