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    دكتوره شيماء فتح الباب
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    Dr. Shaimaa Fathelbab presented on the four main types of market structures: perfect competition, monopolistic competition, oligopoly, and monopoly. Perfect competition involves many small firms and buyers, homogeneous products, free entry and exit, and no single firm can influence prices. Monopolistic competition also has many firms and free entry/exit, but products are differentiated. Oligopoly has few dominant firms, barriers to entry/exit, and products may be homogeneous or differentiated. A monopoly is a single firm that dominates an entire market and can influence prices.

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    Market

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    Types of market

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    Dr. Shaimaa Fathelbab presented on the four main types of market structures: perfect competition, monopolistic competition, oligopoly, and monopoly. Perfect competition involves many small firms and buyers, homogeneous products, free entry and exit, and no single firm can influence prices. Monopolistic competition also has many firms and free entry/exit, but products are differentiated. Oligopoly has few dominant firms, barriers to entry/exit, and products may be homogeneous or differentiated. A monopoly is a single firm that dominates an entire market and can influence prices.

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    10 views18 pages

    Types of Market

    Uploaded by

    دكتوره شيماء فتح الباب
    Dr. Shaimaa Fathelbab presented on the four main types of market structures: perfect competition, monopolistic competition, oligopoly, and monopoly. Perfect competition involves many small firms and buyers, homogeneous products, free entry and exit, and no single firm can influence prices. Monopolistic competition also has many firms and free entry/exit, but products are differentiated. Oligopoly has few dominant firms, barriers to entry/exit, and products may be homogeneous or differentiated. A monopoly is a single firm that dominates an entire market and can influence prices.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 18

    Market types and

    characteristics

    presented by Dr.shaimaa Fathelbab


    Types of market structure:
    1-perfect competition

    2-Monopolistic competition

    3-oligopoly

    4-Monopoly
    Perfect competition
    Perfect competition
     Large numbers of buyers and Sellers
     Free entry and exit to market
     All firms maximize profits
     All firms sell identical goods
     There are no consumer preferences
    Perfect competition

    A single firm can


    not influence
    the market
    Price
    Monopolistic competition
    Monopolistic competition
     Large numbers of buyers and sellers
     Free entry and exit to market
     All firms maximize profits
     Firms sell differentiated products
     Consumers may prefer one product
    than other
    Monopolistic competition
    Oligopoly
    Oligopoly

     Few firms dominate the market


     Barriers to entry and exit
     All firms maximize profits
     Products may be homogeneous or
    differentiated
    Oligopoly

     Oligopolies
    can set
    prices
    Monopoly
     There is only one firm that dominates
    the entire market
     Blocked entry
     Monopolist maximize profits
     Monopolist can set prices
    Different types

    Of

    Markets
    Thank You

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