perfect competition, monopoly, oligopoly. monopolistic competition

1. Market
Structures
PRESENTATION
PRESENTED BY: ANGELIE MAE M. OBLINA

3. What do you think is
the role of market in
our daily lives?

4. Lesson
Objectives
Identify the
meaning of a
market and the
different market
structures;
Demonstrate self-
confidence in
explaining the four
major types of
market structure
Compare the
different market
structures using
a graphic
organizer;

5. Do you
know?
The market structure already
existed during the time when the
Philippines was colonized by the
Spaniards and as well as during
the trading of goods by our
neighboring country, China.

6. Graphic
Organizer

7. 1.Perfect
competition
A. Sole seller has the full power
to set prices
2.Monopolistic
competition
B. Entry is difficult and huge
capital investment may be the
barrier to enter the industry
3. Oligopoly
C. Sellers offer close
substitutes to the end users
4. Monopoly
D. Homogeneous product is
offered by many and small sellers
Match the
following
market
structures
(SET A) with
their
characteristics
(SET B)

8. Read and
Analyze

9. When a firm enters the market
world, it has to decide for the
ideal market structure in order
to stay longer in the industry.
Take note that, to assess the
business environments, is a big
help to remain competitive in
the market.

10. What are
Market
Structures?

11. Business entities comprise also an
economy. In the economy, firms
differ from one another on how to
allocate their resources to produce
the products and how to deliver
them to the consumers. They have
to plan how to meet the demands
of the consumers and participate in
the market.

12. Market
Structures
It refers to the competitive
environment in which buyers and
sellers operate.
According to “A Guide to Types of
Market Structures”, Market Structure
is a starting point for assessing
economic environments of firms

13. Competit
ion
Rivalry among various sellers in
the market.

14. Market
It is a situation or diffused,
impersonal competition among
sellers who compete to sell
their goods and among buyers
who use their purchasing power
to acquire the available goods
in the market.

15. The
Market
Structures
and

16. Pure (Perfect)
Competition
• Many buyers and small sellers and no one
can affect the market
• Homogeneous product is offered by the
companies
• Free entry to and exit from the industry
• Market price and output are determined
by forces of demand and supply

17. Pure (Perfect)
Competition
Examples: Agricultural products.

18. Monopoly
• A single firm produces the entire available
products in an industry.
• Monopoly is a special case of imperfect
competition in which there is only one seller in
a market.
• The producer in this type of market structure is
called a monopolist. And the monopolist has a
great influence over pricing and output
decisions.

19. Monopoly
• Ownership and copyright is invested
• The grant of a government franchise to
a single firm

20. Monopoly
Examples of this are local or regional cable
operators, power companies, and water
utility firms that tend not to have
competition in their area due to prohibitive
costs of operation.

21. Oligopoly
• Characterized by:
• A small number of large firms dominating
the market.
• Significant interdependence among these
firms, meaning, the actions of one firm
directly impact the others.
• Barriers to entry, making it difficult for new
firms to enter the market

22. Oligopoly
Examples:
• Beer industry, with San Miguel Brewery and
Asia Brewery being the main players.
• Oil industry, with companies like Petron and
Shell holding significant market share.
• Telecommunications sector is also often
cited as an oligopoly, with Globe and
Smart(PLDT) being the major providers.

23. Monopolistic
Competition
• There are enough sellers or producers and
that acts independently of the others. The
theory of the monopolistic competition is
applied to the analysis of differentiated
products. These products are those that
tend to be similar of nature and purpose
but are used differently.
• Many sellers are heterogenous

24. Monopolistic
Competition
Although these
products belong to the
same category, each
product tends to have
its own patrons.

25. There are two special types of market
structures existing in modern economies
today. These are monopsony and
oligopsony. They are categorized as
special market structures since they are
not commonly found in many industries
nor economies.

26. 1. Monopsony- Characterized by a single
buyer in the market. Example of this is
the government purchasing nuclear
weapons to a specific producer.
2. Oligopsony- There are only few buyers
of a particular product. Examples of such
are the transportation companies
(airlines, shipping lines, etc.).

27. Are you
enjoying the
lesson? Be
more confident
by answering

28. What are the different characteristics of the four (4)
market structures: Perfect Competition; Monopoly;
oligopoly; and monopolistic competition?
WORD HUNT

29. RUBRIC

30. Identify existing market in the locality:
Monopoly----
Perfect Competition----
Oligopoly----
Monopolistic Competition----

31. What do you think is the most ideal type of
market? Why?

32. What do you think is the
most ideal type of market?
Why?

33. As a student, what is the
significance of
knowing/identifying the
market structures and it’s
different characteristics in
your daily lives?

34. QUIZ TIME!

35. IDENTIFICATION
1. A situation of diffused, impersonal
competition among sellers who compete to
sell their goods and among buyers who
use their purchasing power to acquire the
available goods in the market.

36. IDENTIFICATION
2. A rivalry among various sellers in the
market.

37. IDENTIFICATION
3. Implies an ideal situation for the buyers
and sellers.

38. IDENTIFICATION
4. Exists when a single firm that sells in
that market has no close substitutes

39. IDENTIFICATION
5.Wherein products are differentiated and
entry and exit are easy .

40. IDENTIFICATION
6. It is a market dominated by a small
number of strategically interacting firms.

41. IDENTIFICATION
7-10 ENUMERATE THE FOUR (4) TYPES OF
MARKET STRUCTURES.

42. FOR LISTENING!
Thank
you
Don't hesitate to ask any questions!