https://padlet.com/as135132/aq04tfmun03g Annie Sullivan en-us 2019-02-19 19:44:52 UTC 2019-02-19 20:18:17 UTC hello@padlet.com as135132 https://padlet.com/as135132/aq04tfmun03g/wish/332900296 Microsoft is an example of the monopoly market structure. A monopoly is where the firm is a whole seller of the product, and where there are no close substitutes. Microsoft is an example of this because there are no other competitors in its industry. Because of this, it can drive up the prices which is why microsoft is often times pretty expensive.]]> 2019-02-19 19:45:49 UTC https://padlet.com/as135132/aq04tfmun03g/wish/332900296 as135132 https://padlet.com/as135132/aq04tfmun03g/wish/332904387 Another example of a monopoly is an electric company. In an electric company, there aren't many competitors just like in a monopoly. In a monopoly there are no close substitutes, and in an electric company, there are no real competitors]]> 2019-02-19 19:53:31 UTC https://padlet.com/as135132/aq04tfmun03g/wish/332904387 as135132 https://padlet.com/as135132/aq04tfmun03g/wish/332905969 The stock market is an example of perfect competition because everyone has the same chances of ups and downs in a certain market. Just like in perfect competition, the stock market is beyond the control of buyers and sellers]]> 2019-02-19 19:55:08 UTC https://padlet.com/as135132/aq04tfmun03g/wish/332905969 as135132 https://padlet.com/as135132/aq04tfmun03g/wish/332908644 Agricultural markets are examples of perfect competition.At a market, there are many vendors selling the same things at about the same price. Just like perfect competition, these agricultural markets don't have control of the buyers and sellers, they have to price everything like all the others. ]]> 2019-02-19 19:59:29 UTC https://padlet.com/as135132/aq04tfmun03g/wish/332908644 as135132 https://padlet.com/as135132/aq04tfmun03g/wish/332910533 An example of an oligopoly is at&t. While there are other phone companies, at&t is one of the main ones to dominate the industry. This is just like an oligopoly, because in an oligopoly a market is shared by only a small number of producers and sellers.]]> 2019-02-19 20:02:06 UTC https://padlet.com/as135132/aq04tfmun03g/wish/332910533 as135132 https://padlet.com/as135132/aq04tfmun03g/wish/332911359 Ford is another example of an oligopoly. In the car field, there are only a few brands that really dominate, and one of these is Ford. Just like in an oligopoly, the car market is only shared by a small number of producers and sellers.]]> 2019-02-19 20:03:34 UTC https://padlet.com/as135132/aq04tfmun03g/wish/332911359 as135132 https://padlet.com/as135132/aq04tfmun03g/wish/332912934 An example of a monopolistic competition is Whataburger. In a monopolistic competition, restaurants are examples because they compete on quality of food as well as price. They can choose what kinds of food to make and what to price everything at, and they don't have to go off what every company is doing. Monopolistic Competition has freedom of entry and exit and restaurants can also decide their prices just like that.]]> 2019-02-19 20:06:30 UTC https://padlet.com/as135132/aq04tfmun03g/wish/332912934 as135132 https://padlet.com/as135132/aq04tfmun03g/wish/332915818 Another example of a monopolistic competition is great clips of any hair dresser place. In a hair dresser place, they get to decide the prices of things and have different products than other companies like this. Monopolistic competition has freedom of entry and exit just like hair dressers. ]]> 2019-02-19 20:10:11 UTC https://padlet.com/as135132/aq04tfmun03g/wish/332915818