Do Now MS pt 1

What is the # of sellers for Perfect Competition

g

Unique

Identical

Price Takers

Many

1

Power Company

Low or None

Price Searchers

Extremely High

Selling Apples

What is the example for Perfect Competition

j

Power Company

Price Takers

Low or None

Extremely High

Identical

Many

Unique

Price Searchers

Selling Apples

1

What characteristic is given for the Types of Products of Monopoly

f

Many

Unique

Low or None

Power Company

Price Takers

1

Identical

Price Searchers

Extremely High

Selling Apples

What characteristic is given for Barriers to Entry for Perfect Competition

b

Unique

Identical

Price Searchers

Power Company

Selling Apples

1

Extremely High

Price Takers

Many

Low or None

What characteristic is given for Types of Products for Perfect Competition

d

Power Company

Price Takers

Low or None

Selling Apples

Identical

Many

Price Searchers

Unique

Extremely High

1

What characteristic is given for Examples for Monopoly

h

Extremely High

Selling Apples

Price Takers

Price Searchers

1

Power Company

Many

Low or None

Identical

Unique

What characteristic is given for Barriers to Entry for Monopoly

a

Power Company

Price Takers

Extremely High

Selling Apples

Price Searchers

Low or None

Identical

Many

1

Unique

What characteristic is given for Control over Price for Monopoly

c

Power Company

Many

Low or None

Identical

Unique

Selling Apples

1

Price Takers

Extremely High

Price Searchers

What characteristic is given for Control over Price for Perfect Competition

e

Many

Extremely High

Price Searchers

Low or None

Selling Apples

Price Takers

Power Company

1

Identical

Unique

What characteristic is given for # of Sellers of Monopoly

i

Identical

Power Company

1

Unique

Price Takers

Price Searchers

Extremely High

Selling Apples

Many

Low or None