Yr1/2 Perfect Competition, Imperfectly Competitive Markets and Monoploy Flashcards
1
Q
PART 1
A
MARKET STRUCTURES
2
Q
Definition of market structures
A
The organisational and other characteristics of the market. Focus on the characteristics which affect the degree of competition between firms and their purchasing decisions
3
Q
PART 2
A
THE OBJECTIVES OF FIRMS
4
Q
PART 3
A
PERFECT COMPETITION
5
Q
PART 4
A
MONOPOLISTIC COMPETITION
6
Q
PART 5
A
OLIGOPOLY
7
Q
PART 6
A
MONOPOLY AND MONOPOLY POWER