Assignment 2, Task 2

  Business Environment
        My name



                         1
Agenda
• Perfect competition
• Market structure
• Types of market
• Difference between perfect competition and
  oligopoly...
Perfect competition
• Definition of perfect competition
• Conditions for perfect competition




                         ...
Definition
• Perfection competition exists when there are
  so many people in the market, and other
  conditions are such,...
Conditions for perfect competition
• Lots of buyers and sellers
  – Non of them can significantly influence the
    quanti...
Condition for perfection competition
• Another point
  – Sub point, if any
• Another point
  – Jjjjjjjj
• Another point
  ...
Market structure
                                                                                Pure
  Perfect
          ...
Types of market
•   Monopolistic competition
•   Monopoly
•   Duopoly
•   Oligopoly




                                8
Monopolistic competition
• Briefly explain what it is




                                  9
Monopoly
• Briefly explain what it is




                               10
Duopoly
• Briefly explain what it is




                               11
Oligopoly
• Explain in more details
  – Suppliers
  – Buyers
  – Pricing etc etc
• Put in some graphic showing Singtel, M1...
Differences between perfect
   competition and oligopoly market
• Suppliers
  – Many suppliers in perfect competition
  – ...
Conclusion
• (Write a short conclusion about how oligopoly
  market deviate from perfect competition)




                ...
Upcoming SlideShare
Loading in …5
×

Biz Env Assignment2 Task1

6,217 views

Published on

Published in: Business, Technology
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
6,217
On SlideShare
0
From Embeds
0
Number of Embeds
5,128
Actions
Shares
0
Downloads
11
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Biz Env Assignment2 Task1

  1. 1. Assignment 2, Task 2 Business Environment My name 1
  2. 2. Agenda • Perfect competition • Market structure • Types of market • Difference between perfect competition and oligopoly market • Conclusion 2
  3. 3. Perfect competition • Definition of perfect competition • Conditions for perfect competition 3
  4. 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. 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. 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. 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. 8. Types of market • Monopolistic competition • Monopoly • Duopoly • Oligopoly 8
  9. 9. Monopolistic competition • Briefly explain what it is 9
  10. 10. Monopoly • Briefly explain what it is 10
  11. 11. Duopoly • Briefly explain what it is 11
  12. 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. 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. 14. Conclusion • (Write a short conclusion about how oligopoly market deviate from perfect competition) 14

×