MARKET STRUCTURE AND

COMPETITION
UNIT 6
(you should speak for 2 minutes)

Don’t forget to mention the following points:

MACMILLAN 1. Example of competition in a particular market

GUIDE TO 2. Perfect competition and pure monopoly
ECONOMICS 3. 4 conditions necessary for pure monopoly to exist

MONOPOLIES
UNIT 6 (you should speak for 2 minutes)

Don’t forget to mention the following points:

1. Pure monopoly vs perfect competition

2. Monopolies that occur naturally and economy of
MACMILLAN scale
GUIDE TO 3. Vertical and horizontal takeovers
ECONOMICS 4. Legal monopoly vs state monopoly
5. Reasons why monopolies are not good for
consumer