FEATURES OF DIFFERENT MARKET

STRUCTURES

Presented By:
Prathiba K.B.

Submitted To:
Prof. Rathna N.
FEATURES OF PERFECT COMPETITION:

1. Presence of Large number of buyers and sellers.

2. Homogeneous Product.

3. Freedom of Entry and Exit.

4. Perfect knowledge of prices and technology.

5. No transportation cost.

6. Absence of Government and Artificial Restrictions.

FEATURES OF OLIGOPOLY:

1. Few Sellers.

2. Products.

3. Interdependence in Decision Making.

4. Advertising.

5. Competition.

6. Entry and Exit Barriers.