Market structure
Not what you're looking for?
In the hope of high returns, venture capitalists provide funds to finance new (start up) companies. However, potential competitors and structures of the market into which the new firm enters are extremely important in realization of profits. Among different market structures, which one do you believe provides the highest possible return for a new company and why?
Purchase this Solution
Solution Summary
Market structure is exemplified clearly.
Solution Preview
Market structure is determined by the number of firms and customers in a given industry. In economics, the most common types of market structure are Perfect Competition (many sellers and buyers), Oligopoly (few sellers, many buyers), and Monopoly (one firm and many buyers).
By definition, only a monopoly can take ...
Purchase this Solution
Free BrainMass Quizzes
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.