Industrial Organization - Market Structures

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:

    “The market came with the dawn of civilization and it is not an invention of capitalism.... If it leads to improving the well-being of the people there is no contradiction with socialism.”
    —Mikhail Gorbachev (b. 1931)

    “If there are people who feel that God wants them to change the structures of society, that is something between them and their God. We must serve him in whatever way we are called. I am called to help the individual; to love each poor person. Not to deal with institutions. I am in no position to judge.”
    —Mother Teresa (b. 1910)