Handout: Spectrum of Competition (Revision)
Revision Spectrum of Competition Where do the following firms fit on the spectrum of competition? Agriculture, soap powder manufacturers,…
Read MoreOvercoming Barriers to Entry
And the winner is ……… A Bristol based inventor demonstrates how technology can break through barriers to entry. In a market…
Read MoreHandout: Oligopoly in the Bakery Market
Oligopoly in the Bakery Market Despite barriers to entry of other large-scale firms, many oligopolies face competition on the margin…
Read MoreHandout: The Meaning of Oligopoly
The Meaning of Oligopoly Oligopoly, which is sometimes called `imperfect competition amongst the few’, exists when there are just a…
Read MoreHandout: Monopoly and Advertising
Monopoly Definition: A monopoly is a single supplier for which there is no close substitute. Q. What does ‘no close substitute…
Read MoreHandout: Monopoly
Monopoly An effective monopoly must be able to exclude competitors from the market through barriers to entry. However, the closer…
Read MorePowerpoint: Mergers and Take-overs
Mergers and Take-overs A PowerPoint that defines Mergers and Take-overs, and different types of the above. Mergers and Take-overs from Peped
Read MoreActivity: Market Structures
Market Structures Perfect Competition Monopolistic Competition Oligopoly Monopoly Number of firms Ability to set price Barriers to entry
Read MoreActivity: Market Structures Sheet (Teacher) – gap fill answers
Theory of the Firm The number of firms within an industry is important because the behaviour of firms may differ according…
Read MoreActivity: Market Structure Sheet (Student) – gap fill
Theory of the Firm The number of firms within an industry is important because the behaviour of firms may differ according…
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