Instructions: What are some examples in the real world of monopoly, perfect competition, oligopoly, and monopolistic competition?
Grading Guide: This short paper will be worth 7 points. In grading, the two most important considerations will be if the paper answers the question that is asked, and if all the information is correct. If the writing quality is poor, up to one point, but no more than one point, might be deducted. Referencing sources is always good, but since these papers should be short, I do not expect many references. In some cases, referring to the textbook and the videos will be enough. Three pages, double-spaced, would be the ideal length. There will be no penalty if the paper is only two pages long, if the topic is answered. There will be three points deducted if the paper is less than two pages long.
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