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Sta. Maria, Bulacan Campus: ECON 40133 (Managerial Economics) Activity No. 2 Chart
Sta. Maria, Bulacan Campus: ECON 40133 (Managerial Economics) Activity No. 2 Chart
ECON 40133
(Managerial Economics)
ACTIVITY NO. 2
Chart
Comparison of Market Structures
DIRECTIONS: Use the table below to compare the characteristics of our basic market structures:
perfect competition, monopolistic competition, oligopoly, and monopoly. (USE MAY SEARCH
ON THE INTERNET and paraphrase what you have searched)
TYPE OF
PRODUCT
CONTROL
OVER
PRICE
TYPE OF
DEMA
ND
CURV
E
BARRIE
RS TO
ENTRY
AND EXIT
MARK
ET
POWE
R
LONG-RUN
ECONOM
IC
PROFIT