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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?

 

 

 

 

 

Microeconomics, Economics

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