Mangerial Economics

ME Managerial EconomicsPricing and Output DecisionsProvide an exemplification of a company that fits the future(a) categories ( adroit each ) and briefly develop why the company fits this categoryPerfect tiltMonopolyMonopolistic rivalryOligopolyAnswerPerfect literary argument : eBayMany buyers and sellers all with perfect association , no put to work by any firm oer determine , homogenous products and no barriers to introduction and exit atomic number 18 all traits of perfect competition . Though no attention in the world throw in exactly fit on the lines of it , eBay-the online shopping website- give the gate br be a close warning with no barriers , meaning some(prenominal) buyers and sellers ar free to enter and pull up stakes the market , thither be numerous identical products beingness traded and no one can influence price unless it is to advert a higher(prenominal) bidMonopoly : Army and expression force Exchange portion (AAFESAgain very rare in the real world , a monopoly is characterized by a sensation seller who can influence price of the product it sells .

thither are very concentrated barriers to entry in this case of market . The AAFES fits this category as it maintains a monopoly on abroad military installations retail salesMonopolistic competition : radio set place in the countryThis effort s characteristics take on many buyers and sellers , a oppose of(prenominal) barriers to entry and differentiated products . intercommunicate stations all ding different songs and programs on their individual stations , it is very tardily to set up or leave the radio industry and there are many radio stations (the sellers ) and their listeners (the buyers ) in the...If you want to get a full essay, order it on our website: Orderessay

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