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Transcript

Wich one really is the best for us, consumers ?

The difference of each market structure from the point of view of a consumer.

Advantages:

1. Pure Competition

Disadvantages:

  • We are charged with lower prices
  • Is better for the achievement of our wishes

  • There is less variety
  • We can invest in any company

Advantages:

2. Monopolistic Competition

Disadvantages:

  • A wider range of products
  • Products are sell within a narrow price range

  • The prices are higher
  • Less inovation

Advantages:

3. Oligopoly

Disadvantages:

  • The limited number of companies makes it easier for us customers to compare and choose products

  • It still offers competitive pricing

  • But fewer choices isn't always a good thing

  • There is almost no inovation...

Advantages:

4. Pure Monopoly

Disadvantages:

  • Prices are very high

  • There is a huge lack of innovation

  • The salary is better than usual if you work in the company

  • You know where to choose your products

Sources:

  • Dual Diploma Economics Hon - A / Module 1

  • https://www.sifma.org/event/equity-market-structure-conference-2021-program/

  • https://entrepreneurhandbook.co.uk/competitions-award/

  • https://www.greelane.com/fr/science-technologie-math%c3%a9matiques/sciences-sociales/intro-to-monopolistic-competition-1147775/

  • https://www.pnoconsultants.com/services/technology-market-analysis/