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Suppose you are running a firm which is producing ST25 rice in Soctrang
province.
1. Which kind of market for your firm? Prove it?!
2. Will you run advertise? Explain in your words.
(you can get 0.5 point bonus for this. You will not
lose point if you skip this, try to do it by yourself, please do not copy
from others)
Complete this table
Perfect Monopoly Monopolistic Oligopoly
compertition compertition
Number of
seller
Barrier of
the
industry
Where is
profit max
Long run
profit
Propertise
of product
Demand
curve firm
faced
Example
ii