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:

    “Talk of a divinity in man! Look at the teamster on the highway, wending to market by day or night; does any divinity stir within him? His highest duty to fodder and water his horses! What is his destiny to him compared with the shipping interests?”
    —Henry David Thoreau (1817–1862)

    “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)