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 (18171862)
“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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