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JC Economics Tuition Notes
Market Structures

Understanding Firm Behaviours

Market Structure explains the varying characteristics of different market types. The four basic types of market structure are Perfect Competition, Monopolistic Competition, Oligopoly and Monopoly. These market structures will be applicable and useful in helping you to understand the distinctive nature of industries. For instance, you will find out why some industries have dominant firms that can influence the development of industries. Besides, our economics tuition will also examine the notion of price discrimination and its distinctive features.

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Further Readings

More Notes and Essays on Market Structures

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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Economics Tuition Discussion

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