Market Structures. Section 1 Perfect Competition The market structure called perfect competition has the following conditions: 1. Many buyers and sellers.
Warm-up: Look at the NFL on p. 160...How can a monopoly control output or price in an industry?
Monopoly. What is a Monopoly? A market dominated by a single seller A market dominated by a single seller.
Government and the Economy Role of Government Money and Banking The Federal Reserve Government Finance.