Market Structures DB
John notices that in this market structure, the pricing for different companies shoes is about the same.
What is a perfect competition
As of 2016, this business type accounts for around 81% of business sales.
What is a Corporation?
has caused a decrease in the demand for animators and graphic designers
Technology
Jeffery is trying to buy a phone, but in this market structure, he only has a few options to choose from.
What is a Oligopoly
As of 2016, these account for roughly 72% of all U.S. businesses.
What is a Sole Proprietorship?
Sierra notices the people are more likely to pass up jobs like large scale construction, as opposed to something like cashiers or clerks
What is working conditions
Has more market power than does a business in any other market structure.
What is a monopoly?
This business type is easy to start, but doesn't have much of a problem attracting and retaining talented workers.
What is a Partnership?
on a graph when the amount of employees hired matches the amount of product they are willing to produce
Equilibrium wage
This version of Monopoly is the very worst version, completely getting rid of the point of the game with half baked mechanics that obviously haven't been thought through or play tested. It also comes with an uncomfortable pair of handcuffs that are too small and don't work very well.
What is Monopoly Cheater's Edition?
Buying shares is an example of this market structure.
What is Perfect Competition?
This hybrid business organization doesn't seek to maximize profit or minimize costs.
What is a Not-for-Profit Organization?
the stock market declines, after this you notice many more applications come in for jobs at your buisiness
Worker Wealth
This is the most infamous trust that needed to be broken up by Theodore Roosevelt.
What is Standard Oil
In order to form a corporation, someone must submit this written application to a state seeking permission.
What are the Articles of Incorporation?
Leon notices that the demand for Produce has dramatically increased along the demand for Farmers
Demand for final product
This is the most expensive monopoly version we could find in 5 minutes of research.
What is Monopoly Luxury LUXE Limited Edition?