NAMA

: PAREL CHRISMAN

NIM

: 020309101

UPBJJ-UT BATAM
TUGAS 3

Market power
In economies, market power is the ability of a firm to alter the market price of a
good or service. A firm with market power can raise prices without losing all
costumers to competitors.
When one buyer or seller in a market has the ability to exert significant influence
over the quantity of goods and servicestrade or the price at which they are sold.
Market power does not exist when there is perfect competition, but it does when
there is a monopoly, monopsony or oligopoly.
1. firm with market power can :
2. Beats its competitors
3. Create perfect competition
4. Buy cheap materials
5. Dictate prices

Perfect competition is a type of market with the number of sallers and buyers who
are very numerous and the products sold are homogeneous.

Market monopoly is a from of market where there is only one seller that dominate
the market. Determinants of prices in this market is a seller or often referred to as
manapolists.

The market is an oligopoly is a market in which the supply of one type of goods
controlled by a few companies. Generally, the number of firms is more than two
but less than ten.
NAMA

: MUHAMAD HASAN WAHIDI

NIM

: 023108866

Monopsony market is a state in which the acceptance of business actors control

the supply or into single purchaser of goods and or services in a commodity
market.

According to the article, as a leader if you want your employees follow you, what
you should do?
answer is B. Create perfect competition
if you want to experience true transformation in your
work environment and
organization then this article is for you.
1. Lead with integrity.
2. Hire the right people.
3.Train your people.
4. Work as a team.
5. Deflect praise to your team members, but accept the blame
6. Give your employees boundaries and let them run with the ball
7. Promote an atmosphere where ideas are heard and debated
8. Stay calm under stress or pressure.
9.Leadership is about serving.
10. The leader/follower relationship is characterized by an agapao love.