Market Structure Explained: Perfect Competition, Oligopoly, Monopoly, and Monopsony Power
8:37
YouTubeEducation Cycle
Market Structure Explained: Perfect Competition, Oligopoly, Monopoly, and Monopsony Power
We take a deep dive into market structures, with some great examples. We look at perfect competition; oligopoly; monopoly; and monopsony power. We take a look through some characteristics, including buyer power, supplier power, collusion, competition, barriers to entry, barriers to exist and product differentiation (homogeneous products and ...
613 viewsJul 21, 2019
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