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Price Discrimination

In our economics tuition, this jc economics note provides a good understanding on the concept of price discrimination and the three degrees of price...

Economics Tuition: Discuss the relative significance of input cost, consumer incomes and market concentration in influencing firms’ pricing decisions in your country

Discuss the relative significance of input cost, consumer incomes and market concentration in influencing firms’ pricing decisions in your country. [25]...

Economics Tuition: Compare the features of monopoly and perfect competitive firms

Compare the features of monopoly and perfect competitive firms. Introduction State that the perfect competition differs from the monopoly as there are perfect...

Market Structures

H2 Economics Only


Market structures in economics deals with the organisational characteristics of a market. It is categorized into 4 broad categories, perfect competition, monopolistic competition, oligopoly and monopoly. These characteristics give us a clear idea of how firms operating in such markets operate. Students must be well versed in the behaviours and characteristics of firms operating in the respective markets.

Price Discrimination

In our economics tuition, this jc economics note provides a good understanding on the concept of price discrimination and the three degrees of price discrimination. What is price discrimination? Examine price setting behaviour of firms In technical terms, price...

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