Perfect Market Competition And Non Perfect Market Competition Market Definition Characteristic Of Market Excess Market Disadvantages Markets

Perfect Market Competition And Non Perfect Market Competition The market is... The market is the meeting place of buyers and sellers to transact the sale and purchase of goods or services . distinguished Consumer Goods Market Production Factor Markets Market Perfect Market Competition Non Perfect Market Competition Monopolistic Market Monopoly Market Oligopoly Market

Characteristic Of Market Perfect Market Competition Monopolistic Market Monopoly Market Oligopoly Market Quantity of Seller Many Sellers One Sellers Some Sellers Quantity of Buyer Many Buyers Type of Goods one type of goods There is Differentiated Product one type of goods but there is differentiated product Barriers to Enter Market Free in/out market Very difficult to enter market Difficult to in/out market

Excess Market Perfect Market Competition Monopolistic Market Monopoly Market Oligopoly Market Sell ​​goods at a price according to market prices Manufacturers can make higher profits Avoid counterfeit products and the competition is not helpful Gives freedom of choice to the buyer. Encourage manufacturers to make production efficient Spur innovation and creativity manufacturer Maintaining the stability of the company's sustainability Able to perform research and development of products . Economic activity is healthier for the production of free resources out Buyers do not easily move product Give rise to economies of scale to lower the cost of production More attention to customer satisfaction because of the competition the seller

Disadvantages Markets Perfect Market Competition Monopolistic Market Monopoly Market Oligopoly Market Reduced choice for homogenous goods The existence of fierce competition among manufacturers Inaccessible because the government regulated and Law Reduced innovation is homogeneous manufacturers for goods Cost to enter and dominate the market monopolistic expensive. Buyers do not have substitutes or other options Frequent price wars Only in economic conditions ideal Efisiendinya level is relatively low , so that the price paid by consumers is relatively high Advantages centralized in one manufacturer It takes a big investment to get into the market

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