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:
“But the nomads were the terror of all those whom the soil or the advantages of the market had induced to build towns. Agriculture therefore was a religious injunction, because of the perils of the state from nomadism.”
—Ralph Waldo Emerson (1803–1882)
“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)