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Biz Env Assignment2 Task1
Biz Env Assignment2 Task1
Biz Env Assignment2 Task1
Biz Env Assignment2 Task1
Biz Env Assignment2 Task1
Biz Env Assignment2 Task1
Biz Env Assignment2 Task1
Biz Env Assignment2 Task1
Biz Env Assignment2 Task1
Biz Env Assignment2 Task1
Biz Env Assignment2 Task1
Biz Env Assignment2 Task1
Biz Env Assignment2 Task1
Biz Env Assignment2 Task1
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Biz Env Assignment2 Task1

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  • 1. Assignment 2, Task 2 Business Environment My name 1
  • 2. Agenda • Perfect competition • Market structure • Types of market • Difference between perfect competition and oligopoly market • Conclusion 2
  • 3. Perfect competition • Definition of perfect competition • Conditions for perfect competition 3
  • 4. Definition • Perfection competition exists when there are so many people in the market, and other conditions are such, that no-one can influence the price, all other being equal 4
  • 5. Conditions for perfect competition • Lots of buyers and sellers – Non of them can significantly influence the quantity supplied or the quantity demanded • Market price is fixed mmmmmmmmm mmmm mmmmm – Xxxxx xxxxx xxxxx • Another point – A sub point hhhhhhhhhh 5
  • 6. Condition for perfection competition • Another point – Sub point, if any • Another point – Jjjjjjjj • Another point – Sub point, if any • Another point – Jjjjjjjj 6
  • 7. Market structure Pure Perfect Monopoly Competition Monopolistic Competition Oligopoly Duopoly Monopoly The further right on the scale, the greater the degree of monopoly power exercised by the firm. Learning outcome 3
  • 8. Types of market • Monopolistic competition • Monopoly • Duopoly • Oligopoly 8
  • 9. Monopolistic competition • Briefly explain what it is 9
  • 10. Monopoly • Briefly explain what it is 10
  • 11. Duopoly • Briefly explain what it is 11
  • 12. Oligopoly • Explain in more details – Suppliers – Buyers – Pricing etc etc • Put in some graphic showing Singtel, M1, Starhub – Market shared by them – Number of subscribers shared by them – Other relevant information 12
  • 13. Differences between perfect competition and oligopoly market • Suppliers – Many suppliers in perfect competition – Only a few large suppliers • Buyers – Lllllllllll – Kkkkkkk • Pricing – Ooooooo • Another point – Pppppp (Continue to next page if needed) 13
  • 14. Conclusion • (Write a short conclusion about how oligopoly market deviate from perfect competition) 14

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