
Grades 9-12
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In this economics drag and drop, students will learn about the different types of market structures.
Many firms
Identical products
No control over prices
Easy to enter
No non-price competition
Agriculture
Stocks
Many firms
Different products
Some control over prices
Fairly easy to enter
A lot of non-price competition
Gas stations
Fast food restaurants
Dry cleaners
Few firms
Similar or different products
Significant control over prices
Difficult to enter
A lot of non-price competition if products are differentiated
Soaps
Cars
Airlines
Copper
Glass
One firm
A unique (different) product
Significant control over prices
Difficult to enter
Non-price competition may exist
Companies with patents
Regulated public utilities
Congrats, all of the answers are correct!
Grades 9-12
Grades 9-12
Grades 9-12
Grades 6-8, 9-12