Do Now MS pt 1

What is the # of sellers for Perfect Competition

g

Selling Apples

Identical

Price Takers

Many

Unique

1

Price Searchers

Low or None

Power Company

Extremely High

What is the example for Perfect Competition

j

Selling Apples

Price Takers

Price Searchers

1

Extremely High

Unique

Many

Power Company

Identical

Low or None

What characteristic is given for the Types of Products of Monopoly

f

Identical

Low or None

Price Takers

Selling Apples

Extremely High

Price Searchers

Many

1

Power Company

Unique

What characteristic is given for Barriers to Entry for Perfect Competition

b

Price Searchers

1

Price Takers

Many

Extremely High

Unique

Identical

Low or None

Selling Apples

Power Company

What characteristic is given for Types of Products for Perfect Competition

d

Identical

Power Company

Many

Price Searchers

Unique

1

Selling Apples

Extremely High

Low or None

Price Takers

What characteristic is given for Examples for Monopoly

h

1

Identical

Unique

Many

Price Searchers

Selling Apples

Low or None

Extremely High

Power Company

Price Takers

What characteristic is given for Barriers to Entry for Monopoly

a

Identical

1

Power Company

Price Searchers

Unique

Many

Price Takers

Selling Apples

Low or None

Extremely High

What characteristic is given for Control over Price for Monopoly

c

Price Takers

Power Company

Many

Identical

Unique

Extremely High

Selling Apples

Price Searchers

Low or None

1

What characteristic is given for Control over Price for Perfect Competition

e

Identical

Price Searchers

Low or None

Selling Apples

Unique

Price Takers

Power Company

Extremely High

1

Many

What characteristic is given for # of Sellers of Monopoly

i

Selling Apples

Price Takers

Unique

Extremely High

Price Searchers

Many

Power Company

1

Low or None

Identical