Do Now MS pt 1

What is the # of sellers for Perfect Competition

g

Low or None

Price Searchers

Identical

Unique

Many

Price Takers

Extremely High

Selling Apples

1

Power Company

What is the example for Perfect Competition

j

Low or None

1

Power Company

Price Searchers

Identical

Extremely High

Selling Apples

Unique

Many

Price Takers

What characteristic is given for the Types of Products of Monopoly

f

Identical

Low or None

Extremely High

1

Unique

Price Takers

Selling Apples

Many

Price Searchers

Power Company

What characteristic is given for Barriers to Entry for Perfect Competition

b

Identical

Selling Apples

Low or None

Extremely High

Price Searchers

Power Company

Unique

1

Many

Price Takers

What characteristic is given for Types of Products for Perfect Competition

d

Extremely High

Price Takers

Identical

Price Searchers

1

Power Company

Many

Unique

Low or None

Selling Apples

What characteristic is given for Examples for Monopoly

h

1

Price Searchers

Selling Apples

Extremely High

Power Company

Many

Price Takers

Identical

Unique

Low or None

What characteristic is given for Barriers to Entry for Monopoly

a

Extremely High

Selling Apples

Identical

Price Searchers

Many

Unique

1

Power Company

Price Takers

Low or None

What characteristic is given for Control over Price for Monopoly

c

Many

Unique

Power Company

Extremely High

Low or None

Selling Apples

Identical

Price Searchers

Price Takers

1

What characteristic is given for Control over Price for Perfect Competition

e

1

Power Company

Price Searchers

Low or None

Extremely High

Many

Price Takers

Selling Apples

Unique

Identical

What characteristic is given for # of Sellers of Monopoly

i

Many

Power Company

Price Takers

Identical

1

Low or None

Price Searchers

Extremely High

Selling Apples

Unique