Types of Oligopoly
pritamkurrey111 Alphabetical can be classified in the following ways: (a) Based on the nature of the complete and incomplete alproposit-product, alproposit can be classified into full (net) and incomplete (divided) alproposit.…
August 2024
Oligopoly definition
The word ‘alpright’ has developed from two Greek words: 1.) Oligoi’, which means ‘something’, and 2. ‘Poline’, which means ‘selling’. Thus, ‘alpright’ means a market situation in which there are…
Kinds of Monopoly
Different types of monopolies may be following- (1) Natural Municipal rights: If the supply of an object is localized in one place; then the monopolitan is known as the ‘natural’…
Monopoly defination
The term ‘onright’ means the word ‘onright’ is a Latin word. It’s composed of two words: According to P.C. Dule, the right is a seller market. “ Lieftwich believes, a…
Replaceable product in demand
A brief treatment of replacement and pricing will be enough as this case is the same as the supplement. For option, the effect considered is the decrease in revenue and…
Demand supplement products
When two products are supplements, an increase in one’s sold volume will increase the amount that the other sold. This could be caused by an increase in the demand of…
Multi product pricing
In economics, most analysis uses to simplify assumables. For example, we know very few products in our economy are produced in complete competition conditions. Nevertheless, a huge portion of our…
Market Structure and Pricing Decisions
Market structure affects firms’ pricing decisions to a considerable extent. The competition degree determines an uct. The degree of freedom implies the limit to which the degree of freedom in…
Why does demand bending downwards?
The slope of the demand curve is negative i.e. slope is downward. There are several reasons for the slope nature downward of the demand curve: 1. The slope of the…
Various decisions cost
The following costs are relevant costs that are usually used in making decisions by management. 1. Relevant and. Unrelevant costs – Relevant costs are those costs which keep changing according…