'Perfect competition monopoly' diaporamas de présentation

Chapter 7.1 Monopolistic Competition and Oligopoly

Chapter 7.1 Monopolistic Competition and Oligopoly. The Continuum of the Market Structure. Perfect Competition. Monopoly. n=infinity. No of firms, n. n=1. n small Oligopoly. n large Monopolistic Competition. MONOPOLISTIC COMPETITION. Assumptions of monopolistic competition

913 views • 54 slides

Oligopoly (Game Theory)

Oligopoly (Game Theory). Oligopoly: Assumptions. Many buyers Very small number of major sellers (actions and reactions are important) Homogeneous product (usually, but not necessarily) Perfect knowledge (usually, but not necessarily) Restricted entry (usually, but not necessarily).

460 views • 25 slides

Market Structure and Equilibrium

Market Structure and Equilibrium. We will consider the two extreme cases Perfect Competition Monopoly. Market Efficiency. Decision makers in a market behave rationally and have full access to all relevant behavior. Consumer and producer surplus is maximized.

577 views • 18 slides

Week 5 Vocabulary Review

Week 5 Vocabulary Review. A way for buyers and sellers to exchange things. Liability Corporation Partnership Market Revenue Sole proprietorship Oligopoly Monopolistic competition Perfect competition monopoly. A business owned by 2 or more people. Liability Corporation Partnership

182 views • 11 slides

Market Dynamics and Pricing

Market Dynamics and Pricing. Entry and Exit in Perfect Competition and Monopoly; Monopsony ; Price Discrimination; Monopolistic Competition. Perfect Competition vs. Monopoly. Perfect Competition. Monopoly. Many sellers Homogeneous products (perfect substitutes) Easy entry and exit

160 views • 7 slides

Market Dynamics and Pricing

Market Dynamics and Pricing. Entry and Exit in Perfect Competition and Monopoly; Monopsony ; Price Discrimination; Monopolistic Competition. Perfect Competition vs. Monopoly. Perfect Competition. Monopoly. Many sellers Homogeneous products (perfect substitutes) Easy entry and exit

321 views • 7 slides

Theory of The Firm

240 views • 4 slides