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GROUP MEMBER Võ Thị Thanh Phương Hồ Xuân Thảo Nguyên Trần Thục Văn Võ Hoàng Ngọc Uyên Phan Huỳnh Mỹ Tiên
UNIT 18 ,[object Object]
MARKET STRUCTURE ,[object Object],[object Object],[object Object]
MARKET STRUCTURE ,[object Object],[object Object],[object Object],[object Object]
MARKET STRUCTURES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PERFECT COMPETITION ,[object Object],[object Object],[object Object]
PERFECT COMPETITION ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PERFECT COMPETITION ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PERFECT COMPETITION ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
MONOPOLISTIC COMPETITION ,[object Object],[object Object]
MONOPOLISTIC COMPETITION ,[object Object],[object Object],[object Object]
MONOPOLISTIC COMPETITION ,[object Object],[object Object],[object Object]
MONOPOLISTIC COMPETITION ,[object Object]
MONOPOLISTIC COMPETITION
MONOPOLISTIC COMPETITION
MONOPOLISTIC COMPETITION
MONOPOLISTIC COMPETITION
MONOPOLISTIC COMPETITION
MONOPOLISTIC COMPETITION ,[object Object],[object Object],[object Object],[object Object]
MONOPOLY ,[object Object],[object Object]
MONOPOLY’S CHARACTERISTICS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
ADVANTAGES OF MONOPOLY ,[object Object],[object Object],[object Object]
DISADVANTAGES OF MONOPOLY ,[object Object],[object Object],[object Object],[object Object]
Monopoly
OLIGOPOLY ,[object Object],[object Object]
CARTEL ,[object Object],[object Object]
CARTEL MEMBERS AGREE ON ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Increase individual member’s profit by reducing competition Firm B normal advertising   Firm B aggressive advertising   Firm A normal advertising   earns $50 profit  A: $0 profit Firm B: $80 profit  Firm A aggressive advertising   A: $80 profit Firm B: $0 profit  earns $15 profit
6 movie studios receive 90% of American film revenues U.S./Canada market share(2008) 18.4% 13.2% 12.4% 16.4% 12.7% 10.5%
4 major music companies receive 80% of recording revenues
Television industry  1950s    1970s  Today
3 leading food processing companies
In Vietnam
OLIGOPSONY ,[object Object],[object Object]
OLIGOPSONY ,[object Object],[object Object]
MONOPSONY ,[object Object],[object Object],[object Object],[object Object],[object Object]
OLIGOPSONY & MONOPSONY ,[object Object],[object Object],[object Object]
CONCLUSION ,[object Object]
CONCLUSION Market Structure   Seller Entry Barriers  Seller Number  Buyer Entry Barriers  Buyer Number  Perfect Competition No Many No Many Monopolistic competition No Many No Many Oligopoly Yes Few No Many Oligopsony No Many Yes Few Monopoly Yes One No Many Monopsony No Many Yes One
ANSWER KEY ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
ANSWER KEY ,[object Object],[object Object],[object Object]
ANSWER KEY ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
ANSWER KEY ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
ANSWER KEY ,[object Object],[object Object],[object Object],[object Object]

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Market Structure (N3)