Market structure.
Perfect competition market model and it’s features. Maximum economic gains and minimum losses. Monopolistic market characteristics. Monopoly of the single, average and marginal revenue. Natural monopoly and its regulation. Monopolistic competition in the market and its attributes. Monopolistic competition in trade balance in the short and long term. Oligopolistic market characteristics and formation conditions. Knowledge on prices and output. Price leadership.
Perfect competition market this is such a market, which is a lot of buyers and sellers. Trading there are no major obstacles for producers to enter or exit the market, all market participants have adequate information about some us, the volume of goods and other market conditions, can’t control prices, but buyers have no impact on them. Perfect competition on the market, firms may sell any quantity of products from their independent prices. Corporate price gives the perfect competition in the market relationship between producer and consumer is not significant. This is due to simple demand curve coincides with the company’s marginal revenue curve.
(Monopolistic market monopoly), it is imperfect competition in the market the type of when the output branch controlled by one vendor who can set yourself a reasonable market price, to regulate the supply of goods. The Monopolistic market is not the manufacturer’s dependence on other manufacturers, because in the market is only one company. However, a monopolistic market is an important producer and consumer access. Monopoly firm, changing selling prices caused by the change in quantity and demand.
This type of market in which there are many sellers and free market access, but each firm produces some goods are different and may have little impact on prices. Monopolistic competition in the market is perfect competition and monopoly characteristics: as a “monopolist” monopolistic competition firm may affect the price, so the demand curve is down: how to perfect...
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