Handout: Spectrum of Competition (Revision)

12th September 2015
Print Friendly, PDF & Email

 

 

Revision

Spectrum of Competition

arrow 2

Where do the following firms fit on the spectrum of competition?

Agriculture, soap powder manufacturers, supermarket chains, TV repair firms, Rail companies (Virgin and First Great Western)

Summarise the key characteristics of the following types of market structure

Perfect Competition Monopolistic Competition Oligopoly Monopoly
 

 

 

 

 

 

 

     
0 Comments

Leave a Reply