10. PROS AND CONS OF OUR MARKET
Monopoly Perfect Competition
- Maximum Control of - Low barrier of entry
Pros Prices
- Inefficient - Based on price
Cons - Lack of Innovation - Lack of product variety
- Diseconomies of - Can't control price
scale
11.
12. WHY WE ARE SUCCESSFUL
* Have market play
* Highly demanded
* Low Cost - Abnormal Profit
* Tight barriers
Dominating scant resources