1. Chapter 7 Foldable/Notes

2. Foldable Instructions Using a green sheet of paper given by your teacher, make a “Four Door Book” foldable. 4 market structures: – Pure/Perfect Competition – Monopoly – Oligopoly – Monopolistic Competition

3. Foldable Instructions Continued For each of the four market structures, students should: – Define the market structure – List conditions necessary for the structure to exist – Give one or more examples of an industry that fits that market structure – For monopoly, list different types of monopoly and an example for each one.

4. Notes on Back of Foldable List the 5 causes of market failure Give one example/scenario of dealing with a harmful spillover. Give one example/scenario of dealing with a helpful spillover Answer questions: – What is zoning? – How has it helped? – How has it hurt? – Give an example of zoning.