Market structure economics

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The number of firms that are producing identical products which are homogeneous called market structure. In this presentation, I've listed some of the important topics and basic concepts of the market structure.

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Market structure economics

  1. 1. MARKET STRUCTURE ECONOMICS
  2. 2. Market Structures are determined by the behavior, density and size of buyers and sellers in a market. We have multiple buyers and sellers in a marketplace which leads to competition and influence the supply and demand of any commodity or product. There are different types of market structures like in some industries there are a limited suppliers for particular goods or service.
  3. 3.  Entry into this market may be restricted due to patents,  government regulation or the sheer size of investment required to start producing,  it also can be related to the technology which the producer posses. So they have huge control and influence over the prices and supply. The buyer has no choice but to accept whatever quality they are offered. Very similar to this condition is Monopoly, in this market structure there is only one seller or producer.
  4. 4. There other form of market structure is oligopoly. In this too there are limited suppliers and entry barriers are steep. The price war cannot be sustained in this type of market structure as the products are almost identical. The cola giants Pepsi and Coco cola market structure can be considered a near example of oligopoly. These are examples of extreme market structures.
  5. 5. There are a variety of products and substitutes available. Entry and exit barriers are low or absent. Prices are governed by supply and demand. Market structures can be a difficult topic if economics basics are not clear. It involves concepts of  micro economics,  macro economics  international trade If you face difficulties with assignments related to market structure you can take help from our experts. They have tremendous command over the subject with a strong research background.
  6. 6. They can help you with difficult numerical question, in depth analysis of complex research topics. With their support you will be able to make your dissertation report look professional and insightful.
  7. 7. For further information about MARKET STRUCTURE ECONOMICS contact us http://www.economicsassignmenthelp.net

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