Market Forms  Presented By, Naveen C M
Contents  <ul><li>Introduction </li></ul><ul><li>Types of market forms </li></ul><ul><li>Examples  </li></ul><ul><li>Concl...
Market Forms  <ul><li>It’s a structure which explains the state of the market with respect to competition   </li></ul>
Types of Market Forms  <ul><li>Monopoly </li></ul><ul><li>Oligopoly </li></ul><ul><li>Perfect competition </li></ul>
Monopoly <ul><li>Economic situation in which only a single seller or producer supplies a commodity or a service.  </li></ul>
Types of Monopoly <ul><li>Public utilities </li></ul><ul><li>Trusts </li></ul><ul><li>Cartels </li></ul><ul><li>Mergers </...
Public Utilities <ul><li>These industries produce goods and provide services vital to the public well-being, including suc...
Trusts <ul><li>This is a device by which the real control of a company is transferred to an individual or small group by a...
Cartel <ul><li>A cartel is an organization formed by producers whose purpose is to allocate market shares, control product...
Mergers <ul><li>A combination involves merging firms at different stages of the production process into a single unit.  </...
Government Regulation <ul><li>It’s an act by government which clearly prevents the production or service by any other comp...
Natural monopoly <ul><li>Its market structure in which the prevailing volume of market demand can be served at a lower ave...
Oligopoly <ul><li>An economic condition in which there are so few suppliers of a product that one supplier's actions can h...
Characteristic  <ul><li>The decisions of one firm influence, and are influenced by the decisions of other firms.  </li></u...
Perfect Competition  <ul><li>Perfect competition is an economic model that describes a hypothetical market form in which n...
Examples… <ul><li>Agriculture market. </li></ul><ul><li>eBay auction house . </li></ul><ul><li>Supermarkets . </li></ul><u...
Conclusion…… <ul><li>Most of the markets fail due to uncontrolled market capture by some of the firms which are having gri...
Reference  <ul><li>Wikipedia </li></ul><ul><li>Encarta  </li></ul><ul><li>Answers.Yahoo.Com </li></ul><ul><li>Rediff.news....
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marginal cost

  1. 1. Market Forms Presented By, Naveen C M
  2. 2. Contents <ul><li>Introduction </li></ul><ul><li>Types of market forms </li></ul><ul><li>Examples </li></ul><ul><li>Conclusion </li></ul><ul><li>Reference </li></ul>
  3. 3. Market Forms <ul><li>It’s a structure which explains the state of the market with respect to competition </li></ul>
  4. 4. Types of Market Forms <ul><li>Monopoly </li></ul><ul><li>Oligopoly </li></ul><ul><li>Perfect competition </li></ul>
  5. 5. Monopoly <ul><li>Economic situation in which only a single seller or producer supplies a commodity or a service. </li></ul>
  6. 6. Types of Monopoly <ul><li>Public utilities </li></ul><ul><li>Trusts </li></ul><ul><li>Cartels </li></ul><ul><li>Mergers </li></ul><ul><li>Government regulation </li></ul><ul><li>Natural monopoly </li></ul>
  7. 7. Public Utilities <ul><li>These industries produce goods and provide services vital to the public well-being, including such essentials as water, power, transport, and communications. </li></ul>
  8. 8. Trusts <ul><li>This is a device by which the real control of a company is transferred to an individual or small group by an exchange of shares of stock for trust certificates, which are issued by the individuals seeking control </li></ul>
  9. 9. Cartel <ul><li>A cartel is an organization formed by producers whose purpose is to allocate market shares, control production, and regulate prices </li></ul><ul><li>A consortium of companies formed to limit competition; &quot;they set up the trust in the hope of gaining a monopoly &quot; </li></ul><ul><li>Example.. OPAC </li></ul>
  10. 10. Mergers <ul><li>A combination involves merging firms at different stages of the production process into a single unit. </li></ul><ul><li>Example… </li></ul><ul><li>Reliance - Chevron (USA) </li></ul><ul><li>Petroleum Refinaries – Production, Discoveries of oil fields. </li></ul><ul><li>ICICI Lombard (Canada) – Banking and Insurance </li></ul>
  11. 11. Government Regulation <ul><li>It’s an act by government which clearly prevents the production or service by any other company or firm other than government selected to do so. </li></ul><ul><li>Ex.. </li></ul><ul><li>Capital market (SEBI). </li></ul>
  12. 12. Natural monopoly <ul><li>Its market structure in which the prevailing volume of market demand can be served at a lower average cost by a single firm, rather than by two or more firms. </li></ul><ul><li>In other words a single firm can meet market demand at a lower cost than two or more competing firms could. </li></ul><ul><li>Ex..Palm oil market by Malaysia </li></ul>
  13. 13. Oligopoly <ul><li>An economic condition in which there are so few suppliers of a product that one supplier's actions can have a significant impact on prices and on its competitors. </li></ul><ul><li>Ex… </li></ul><ul><li>- Mobile Operators. </li></ul><ul><li>-Aircraft industry. </li></ul><ul><li>- Banks (Interest rats). </li></ul>
  14. 14. Characteristic <ul><li>The decisions of one firm influence, and are influenced by the decisions of other firms. </li></ul><ul><li>Strategic planning by oligopolists always involves taking into account the likely responses of the other market participants. </li></ul>
  15. 15. Perfect Competition <ul><li>Perfect competition is an economic model that describes a hypothetical market form in which no producer or consumer has the market power to influence prices. </li></ul><ul><li>Perfect competition is a market equilibrium in which all resources are allocated and used efficiently </li></ul>
  16. 16. Examples… <ul><li>Agriculture market. </li></ul><ul><li>eBay auction house . </li></ul><ul><li>Supermarkets . </li></ul><ul><li>Textiles industries etc… </li></ul>
  17. 17. Conclusion…… <ul><li>Most of the markets fail due to uncontrolled market capture by some of the firms which are having grip over some of the very important products and natural monopolies, even though buyer is king who’s demands drive the market but today industries have the capacity to make consumers drive on there path……. </li></ul>
  18. 18. Reference <ul><li>Wikipedia </li></ul><ul><li>Encarta </li></ul><ul><li>Answers.Yahoo.Com </li></ul><ul><li>Rediff.news.com </li></ul>

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