Answered

Discover answers to your questions with Westonci.ca, the leading Q&A platform that connects you with knowledgeable experts. Get immediate and reliable answers to your questions from a community of experienced experts on our platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Match each market structure with the correct example.

1. Agriculture
- [Choose: natural monopoly, perfect competition, oligopoly, monopoly, monopolistic competition]

2. Zumiez
- [Choose: natural monopoly, perfect competition, oligopoly, monopoly, monopolistic competition]

3. Pepsico
- [Choose: natural monopoly, perfect competition, oligopoly, monopoly, monopolistic competition]

4. Microsoft
- [Choose: natural monopoly, perfect competition, oligopoly, monopoly, monopolistic competition]

5. Electric company
- [Choose: natural monopoly, perfect competition, oligopoly, monopoly, monopolistic competition]

Sagot :

GinnyAnswer

Final answer:

Pepsico is an example of monopolistic competition, Microsoft belongs to an oligopoly, and an electric company is a natural monopoly.


Explanation:

Monopolistic competition: Pepsico is an example of this market structure where many firms offer differentiated products.

Oligopoly: Microsoft belongs to this market structure characterized by a few large firms dominating the market.

Natural monopoly: An electric company falls under this market structure where average total cost decreases with increased production.


Learn more about Market Structures here:

https://brainly.com/question/30280211


We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.