约克大学summer math 微观经济T8 Perfect competition.pdf

“Market Structures” Competition Market Structure • Market structure – identifies how a market is made up in terms of: – The number of firms in the industry – The nature of the product produced – The degree of monopoly power each firm has – The degree to which the firm can influence price – Profit levels – Firms’ behaviour – pricing strategies, non-price competition, output levels – The extent of barriers to entry – The impact on efficiency Market Structure Perfect