32. In very small towns where there is only one grocery store, the market form is a monopoly.
33. If you got a new job and moved to Dale, Indiana with a population of 1,500, you would expect to find two grocery stores. The market form is a duopoly.
34. If you got a new job and moved to Terre Haute, Indiana with a population of 60,000, you would expect to find ten grocery stores (two Walmart Supercenters, three Krogers, a Meijer, two IGA affiliates, and two independent grocery stores). The market form is monopolistic competition.