Market Structures
The common market structures studied in this field are the following:
- Perfect competition
- Monopolistic competition
- Oligopoly
- Oligopsony
- Monopoly
- Monopsony
Read more about this topic: Industrial Organization
Famous quotes containing the words market and/or structures:
“But the nomads were the terror of all those whom the soil or the advantages of the market had induced to build towns. Agriculture therefore was a religious injunction, because of the perils of the state from nomadism.”
—Ralph Waldo Emerson (18031882)
“The American who has been confined, in his own country, to the sight of buildings designed after foreign models, is surprised on entering York Minster or St. Peters at Rome, by the feeling that these structures are imitations also,faint copies of an invisible archetype.”
—Ralph Waldo Emerson (18031882)
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