VOHRA PROGRAMME: FYBBA DIVISION: F ROLL NUMBER : 028 SUBJECT: MICROECONOMICS TOPIC: COMPARATIVE ANALYSIS OF MARKET STRUCTURE DATE: 8TH NOVEMBER 2014 SR. NO TOPIC PAGE NO. 1 OLIGOPOLY 3 2 PERFECT COMPETITION 5 3 MONOPOLY 7 4 MONOPOLISTIC 9 5 COMPARISON 11 Oligopoly An Oligopoly is an industry dominated by a few firms‚ e.g. supermarkets‚ petrol‚ car industry etc. The main features of oligopoly: An industry which is dominated
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Perfect competition Perfect competition is a situation in which a number of business entities compete for the attention of consumers‚ but there is no single company that dominates that market to the point of setting the standards in terms of pricing. Markets with this type of condition normally have large numbers of sellers who are capable of meeting the needs of consumer market‚ and actively compete with one another for the business of those consumers. There are several advantages to the existence
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Verb Tenses Simple Past FORM [VERB + ed] USE 1 Completed Action in the Past Use the Simple Past to express the idea that an action started and finished at a specific time in the past. Sometimes‚ the speaker may not actually mention the specific time‚ but they do have one specific time in mind. Examples: I saw a movie yesterday. USE 2 A Series of Completed Actions We use the Simple Past to list a series of completed actions in the past. These actions happen 1st‚ 2nd‚ 3rd‚
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1. She needn’t have got up so early. Meaning: Needn’t is short for need not. This action happened in the past. She got up early but it wasn’t necessary. Context Mary has a job interview tomorrow and she was feeling very nervous. The next day Mary woke up early to catch the 9am bus to her interview location. However she had forgotten that the interview was at 3pm. It was not necessary for Mary to get up so early. As a result she waited for several hours in a café. CCQs:
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Perfect Storm What is theme? The theme of a book is the important life lesson that is being implied. It is something with a deeper meaning that is related to life. Theme is also defined as a main idea or an underlying meaning of a literary work that may be stated directly or indirectly. One of the themes for the perfect storm is Man Versus Sea. The author illustrates the theme in multiple ways. One way‚ the author illustrates the theme Man VS. Sea is when the Satori (Man made boat) calls for
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| |d. |hire as many workers as it needs at the prevailing wage rate. | ANS: C PTS: 1 DIF: 1 REF: 14-0 NAT: Analytic LOC: Perfect competition TOP: Market power MSC: Definitional 2. A book store that has market power can |a. |influence the market price for the books it sells. | |b. |minimize costs
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unique market structures. The four market structures are Perfect Competition‚ Monopoly‚ Oligopoly‚ and Monopolistic Competition. Below is a summary of the simulation that provides a description of the market structures and how the factors affect the price and output at which the company can maximize profits under each structure. Below is also a chart explaining each of the four market structures as well as current examples of each. Perfect Competition Monopoly Monopolistic Competition Oligopoly
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INTRODUCTION Welcome to the world of Desktop Publishing. Desktop publishing is the capability to manipulate letters‚ numbers‚ and graphics to produce beautiful designs of forms‚ reports‚ posters‚ brochures etc. One of the main packages (Software) for designs and layout principle is CorelDraw. CorelDraw as a package is programmed for designing of all kinds e.g. Posters‚ Letterhead‚ Cards‚ handbills etc. How to Launch CorelDraw * Click on Start Button * Point on All Programs * Click on
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suffered during WWII were so disconnected from each other that many veterans could no longer fit in with society. When America’s troops came home‚ the country had changed dramatically as it had developed into a consumerist society. In J.D Salinger’s “A Perfect Day for Bananafish‚” Seymour Glass is a war veteran who is dealing with PTSD. His experiences in the war changed him forever‚ and he could no longer fit in with the consumerist America. Seymour Glass tells the story of the bananafish to a young girl
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Future Part 2 The perfect tenses (present‚ past‚ and future) also have attributes in common and elements that are different. In the following diagram‚ compare and contrast these elements by placing in the boxes the corresponding elements showing their relationships. See the elements to consider in the following box: Determine similar and divergent elements‚ compare and contrast showing relationships between the 3 perfect tenses. To write‚ double click left on the box
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