Match each example to the market structure it is most likely to belong to.
Perfect competition
Carl's Taco Truck, one of many food carts on Food Trailer Lane
Sansa Mae's Corn Farm
Wheat Farms, Inc.
Monopolistic competition
Toyota
Ruby Shoesday, a shoe store in Albuquerque, NM
Oligopoly
Verizon competing in the American cell phone market
U.S. Steel
Monopoly
Florida Power and exclusive supplier of electricity in Orlando,
Somnuschola, a new drug that gives students the ability to absorb lectures while sleeping during class.
Answer Bank
Incorrect Answer