Four Market Structures 2 slide
Most 
competition 
?
2nd mostcompetition 
?
1 firm
?
A few
 firms
?
Some
Price Wars
?
None
Price Taker
?
Some
Differentiation
?
Total Control
Price Maker
?
Similar but not
Identical
?
Identical
Commodity
?
Hard to 
Produce
?
Unique
?
Low to 
None
?
Low to
Moderate
?
High 
Barriers
?
Highest
?
Examples
Farmers'
Market
?
Fast
Food
?
Cell
Service
?
Debeers
Daimond
?
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