Académique Documents
Professionnel Documents
Culture Documents
Market Structures
Pure Competition
Profit Maximization
Small businesses do not influence price
Supply and Demand determine price.
Price Taker
Monopolistic Competition
Product Differentiation
Similar but not identical
Designer Clothing or Sporting Equipment
Non-Price Competition
Advertising and marketing
Oligopoly
Monopoly
Anti-trust Legislation
Government Regulation
Public Disclosure
Annual Reports for Companies
Ingredients
Price Setting
Price Floors (minimum wage)
Price Ceilings (rent control)
Tasks
Impact on
Marketplace