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The market structure spectrum

The market structure spectrum

Economists classify markets using four features: the number and size of firms, product differentiation, barriers to entry and exit, and the quality of information. These features determine how much power a firm has over its price.

7.6.1 perfect competition and imperfect competition: monopoly, monopolistic competition, oligopoly, natural monopoly Lesson

  1. Intl A Level
  2. /Economics
  3. /7.6.1 perfect competition and imperfect competition: monopoly, monopolistic competition, oligopoly, natural monopoly

Step-by-step lessons on CIE Intl A Level Economics 7.6.1 perfect competition and imperfect competition: monopoly, monopolistic competition, oligopoly, natural monopoly. Each one builds up to exam-style questions.

Lessons