Market

Description

Microeconomia
Camila  rodriguez
Mind Map by Camila rodriguez, updated more than 1 year ago
Camila  rodriguez
Created by Camila rodriguez about 2 years ago
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Resource summary

Market
  1. Types of markets according to the established competition:
    1. Imperfect competition market
      1. operates enter extremes
        1. Monopolistic competition market
          1. Many companies, similar products
          2. Monopolistic competition market
            1. Few sellers, many buyers
              1. perfect
                1. imperfect
            2. it is a situation in which individual sellers have the ability to significantly affect the market price of their products or services.
            3. monopoly markets
              1. A company with a different product
                1. A monopolistic market is one controlled by a single firm. Only this company (monopoly) offers a certain product for which there are no close substitutes.
                2. perfect competition market
                  1. It is based on the free play of supply and demand, and constitutes an ideal model.
                    1. the goods and services offered are the same.
                  2. monopsony market
                    1. Buyers regulate demand
                      1. They can change the price. Raising the power
                        1. Duopsony
                          1. Two dominant compressors.
                          2. Oligopsony
                            1. few buyers. Anyone influences price.
                            2. monosopnist competition
                              1. Buyers are few and they compete by giving favors to sellers.
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