Comparing The Four Market Structures Table

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Comparing The Four Market Structures Table

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Differentiating Between Market Structures Table

Compare the four market structures by filling in the table.

| |Perfect competition |Monopoly |Monopolistic competition |Oligopoly |
|Example organization |General Mills-Green Giant |In south west Florida the power company |Charmin |Chevrolet |
| | |FPL is a monopoly. | | | …show more content…
|Electricity for local business, |Toilet paper |Automobiles, trucks and vans. |
|organization | |consumers, and government. | | |
|Barriers to entry |Very few barriers to entry |Many barriers to entry |Few barriers to entry |Some barriers to entry |
|Number of organizations |Few barriers results in many firms |A monopoly consists of one firm |Monopolistic competition is the result |An oligopoly consists of a few |
| |offering the same product. |producing a unique product. |of many firms producing a similar but |firms selling similar or |
| | | |slightly different product. |differentiated products.

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