https://padlet.com/nf331649/6yqwf1vdf61v Noah Fulk Economics 2nd en-us 2019-02-19 15:58:29 UTC 2019-02-19 16:36:37 UTC hello@padlet.com nf331649 https://padlet.com/nf331649/6yqwf1vdf61v/wish/332757615 In pure competition there are a large amount of firms that sell the same product, so to get into the competition is very easy because of the low standards needed to get into a business like this. For this example I chose wheat bc it is also a very used plant in which we make bread out of. There is alot  of competition in making wheat bc everyone needs bread so they need alot of people to grow it.]]> 2019-02-19 16:02:43 UTC https://padlet.com/nf331649/6yqwf1vdf61v/wish/332757615 nf331649 https://padlet.com/nf331649/6yqwf1vdf61v/wish/332757900 In pure competition there are a large amount of firms that sell the same product, so to get into the competition is very easy because of the low standards needed to get into a business like this. For this example I chose corn since it is a very wel known and used vegetable. It is grown in summer so there is alot of competition.]]> 2019-02-19 16:03:09 UTC https://padlet.com/nf331649/6yqwf1vdf61v/wish/332757900 nf331649 https://padlet.com/nf331649/6yqwf1vdf61v/wish/332757986 In monopolistic competition it is much alike Pure competition in the way that there are alot of suppliers. The main difference is that some firms try and get price advantages by making there product look or presented betteR. For this example I’m using soap bars bc there are alot  of different kinds and different fragrances so there’s alot  of competition in who can sell better smelling products.]]> 2019-02-19 16:03:18 UTC https://padlet.com/nf331649/6yqwf1vdf61v/wish/332757986 nf331649 https://padlet.com/nf331649/6yqwf1vdf61v/wish/332758198 In monopolistic competition it is much alike Pure competition in the way that there are alot of suppliers. The main difference is that some firms try and get price advantages by making there product look or presented better. For this example I’m using shampoo bc there are lots and lots of this one product but there alot of different kinds that help your hair in different ways.]]> 2019-02-19 16:03:37 UTC https://padlet.com/nf331649/6yqwf1vdf61v/wish/332758198 nf331649 https://padlet.com/nf331649/6yqwf1vdf61v/wish/332758825 Is this type of competition there are not alot  of suppliers bc of the high set standards needed to sell in these firms. The competition is very high in this economy. For this example I’m using the cellphone service industry bc there aren’t alot  of different phone providers in that the ones out now are all clashing trying to make the best deals for the newest technology.]]> 2019-02-19 16:04:34 UTC https://padlet.com/nf331649/6yqwf1vdf61v/wish/332758825 nf331649 https://padlet.com/nf331649/6yqwf1vdf61v/wish/332758875 Is this type of competition there are not alot  of suppliers bc of the high set standards needed to sell in these firms. The competition is very high in this economy. For this example I’m using the auto industry bc there aren’t air of different cars.]]> 2019-02-19 16:04:40 UTC https://padlet.com/nf331649/6yqwf1vdf61v/wish/332758875 nf331649 https://padlet.com/nf331649/6yqwf1vdf61v/wish/332759030 I’m this market of competition there is on one major supplier and there’s little to no competition. For this example I’m using J D Rockefeller who industrialized the oil industry and made big bucks.]]> 2019-02-19 16:04:54 UTC https://padlet.com/nf331649/6yqwf1vdf61v/wish/332759030 nf331649 https://padlet.com/nf331649/6yqwf1vdf61v/wish/332759098 I’m this market of competition there is on one major supplier and there’s little to no competition. Andrew carnage’s Steele company is the example I chose bc he took over the major Steele production in the U.S.A.]]> 2019-02-19 16:05:00 UTC https://padlet.com/nf331649/6yqwf1vdf61v/wish/332759098