Eco 365 Week 4 Individual Assignment

Prepare a table that compares and contrasts the various characteristics of the four market structures to include in your paper. Format the table as follows:
Column headings should be the four market structures:
1)    Perfect competition
2)    Monopoly
3)    Monopolistic competition
4)    Oligopoly

Use the following Row headings to help explain the basis for your market characterization:
1)    An example of a organization
2)    Goods or services produced by the organization
3)    Barriers to entry
4)    Numbers of organizations
5)    Price elasticity of demand
6)    Economic profits (Is there a presence of economic profits? Yes or no.)

Then prepare a 1050-1,400-word paper summarizing the content and your analysis of the scenario. Address the questions regarding the option you chose.