Market Structure

how a market is organized based on the number of businesses competing for sales in an industry

• Market Structre

• Monopoly

• Oligopoly

• Monopolistic Competition

a market structure with one business that has complete control of a market’s entire supply of goods or services

• Market Structre

• Monopoly

• Oligopoly

• Monopolistic Competition

a market structure with a small number of businesses selling the same or similar products

• Monopoly

• Oligopoly

• Imperfect Competition

• Monopolistic Competition

a large number of businesses selling similar, but not the same, products and at different prices

• Monopoly
• Oligopoly
• Imperfect Competition
• Monopolistic Competition

Monopolistic competition is also known as ________?

• Monopoly
• Oligopoly
• Imperfect Competition
• Perfect Competition

characterized by a large number of businesses selling the same product at the same prices

• Monopoly
• Oligopoly
• Imperfect Competition
• Perfect Competition