ECO 365 week 3 Market Structure Matrix

Complete the assignment by differentiating among the four major
market structures within the following Market Structure Matrix  Complete the matrix. 

Perfect competition
Monopoly
Monopolistic competition
Oligopoly

 

Example organization
Goods or services produced by the organization
Barriers to entry
Number of organizations
Is there a presence of economic profits?

 

 

Perfect competition

Monopoly

Monopolistic competition

Oligopoly

Example organization

 

 

 

 

 

Goods or services produced by the organization

 

 

 

 

 

Barriers to entry

 

 

 

 

 

Number of organizations

 

 

 

 

 

Is there a presence of economic profits?

 

 

 

 

 

 

 

 

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