Market Structures DB
Businesses BO
Nonwage determinants of Labor supply/demand JH
Monopolies
100

John notices that in this market structure, the pricing for different companies shoes is about the same.

What is a perfect competition

100

As of 2016, this business type accounts for around 81% of business sales.

What is a Corporation?

200

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

200

As of 2016, these account for roughly 72% of all U.S. businesses.

What is a Sole Proprietorship?

200

You are looking for employees for a position, after some time the stock market declines, after this you notice many more applications come in

Worker Wealth

300

Has more market power than does a business in any other market structure.

What is a monopoly?

300

This business type is easy to start, but doesn't have much of a problem attracting and retaining talented workers.

What is a Partnership?

300

Leon notices that the demand for Produce has dramatically increased along with this the demand for Farmers has also increased

Demand for final product

300

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?

400

Buying shares is an example of this market structure.

What is Perfect Competition?

400

This hybrid business organization doesn't seek to maximize profit or minimize costs.

What is a Not-for-Profit Organization?

400

In the field of special effects, effect designers that used practical effects slowly lost jobs, but effect designers that used CGI began to get hired more and more 

Technology 

500

This is the most infamous trust that needed to be broken up by Theodore Roosevelt.

What is Standard Oil

500

In order to form a corporation, someone must submit this written application to a state seeking permission.

What are the Articles of Incorporation?

500

This is the most expensive monopoly version we could find in 5 minutes of research.

What is Monopoly Luxury LUXE Limited Edition?