OBJECTIVE INTRODUCTIO

TITLE N
S

10 TERMS TO
REFERENCES
BE DEFINE

ISSUE RECAP DISCUSSION

 SPECIAL
TYPES
OF MARKET
BY: ZOHAILLA AMPUAN
IVY FLORES
SHEANNE GUERRERO
KAREN KAYE KINLIYAN
OBJECTIVES:
Discover the advantages,
Learn what the
disadvantages and
special types of examples in each market.
market are.

Describe characteristics of
monopsony, oligopsony,
duopoly and triopoly.
INTRODUCTI
ON
TERMS TO BE
DEFINE
• Buyers
• Duopoly
• Firms
• Goods and Services
• Inflation
• Market
• Monopoly
• Oligopoly
• Sellers
• Triopoly
 1.
Monopson
• A market situation where there is only one buyer of
goods and services in the market. It is sometimes
considered analogous to monopoly in which there is
only one seller of goods and services in the market.

y
Since there is only one buyer, this market has the
control of supply and it can reduce the number of
inputs demanded in order to decrease the price of
that particular input.
 ADVANTAGES
• the power to achieve
economies of scale;
• control over the price and
demand;
• control over the market allows
to depress the prices and obtain
big profits
• costs saved on wages of
employees
• For monopsonists that invest in
capital investment, and/or
charitable causes, it helps the
rich give back to society.
DISADVANTAGES
• no alternative buyers;
• lower profit after selling
the products;
• lower wages in the labor
market.
EXAMPLE
• Some experts do consider Amazon to be
a monopsony as it has become the
largest, and sometimes, only buyer in its
market of specific goods and services
that it then sells on its platform.
 2.
OLIGOPSON
• There is a market situation where there are
a small number of buyers. This is usually
with a small number of firms competing to

Y
obtain the factors of production. Under this
market situation, firms are buyers and not
sellers.
 ADVANTAGES
• In oligopsony, there is the possibility of
• Buyers have the power to determine
being able to acquire the quantity of
product prices.
products desired at the prevailing price
• There is no competition on the part of the
without exerting any kind of influence on
demand and the influence of the same
the price already established.
within the market is absolute.
• Greater the elasticity of the offer of a
• They have the advantage that they don’t
certain product, the lesser the effect it may
need to hire a lot of staff.
have on the price.
DISADVANTAGES
• Product sellers do not have the ability to
impose any conditions on their goods or
products.
• Products, goods or services must be
adapted to buyers’ demands in terms of
price and quantity.
• It can lead to a loss of efficiency because
it reduces the surplus of producers
without being able to compensate.
• If there are a large number of bidders and
a single plaintiff, it could produce
extreme situations of deficits.
EXAMPLE
S
• Airplane Sales
• Cinemas
• Submarine Manufacturers
• Restoration of Old Cars
• Car Manufacturers
 3.
DUOPOLY
• A market structure wherein two firms entirely
(or almost entirely) own the market for a
particular commodity or service. It allows
both companies to collect and share maximum
revenues. In this market, two brands can
collude to set prices or quantities and make
customers pay more money.
ADVANTAGES
• More Innovative
Products
• Healthy Competition
ADVANTAGES
• High Entry Barriers
• Inadequate Options for
Users
• Possibility Of Collusion
EXAMPLE
S
• Coca-Cola and Pepsi
• Visa and Mastercard
• Airbus and Boeing
4. TRIOPOLY
• Three sellers, many buyers. Once
again, a three- company market
with considerable control over
pricing and production. The three
seller companies influence
market prices.
ADVANTAGES
• Consumer-friendly services,
most of which are free.
• Offered with the goal of
grabbing consumers’
attention, and by extension,
their data.
DISADVANTAGES
• Companies are not being clear and up front
with their customers as to what kind of
data is being collected and how the
collection process works.
• Companies are building detailed customer
profiles in an effort to better compete
against other companies.
EXAMPLE
S
• Sony
• Nintendo
• Microsoft in the gaming industry
• General Mills
 Special Types of Market Meaning Advantages Disadvantages Examples

1. Monopsony
There is only one buyer of
goods and services in the
- the power to achieve
economies of scale
- control over the price and
- no alternative buyers
- lower profit after selling
the products - Amazon
R
demand
market. - lower wages in the labor
- costs saved on wages of
market
employees

- Buyers have the power to

determine product prices.
- There is no competition on
There are a small number of
2. Oligopsony the part of the demand
buyers.
- They have the advantage
that they don’t need to hire a
- Product sellers do not have
the ability to impose any
conditions on their goods or
- Airplane Sales
- Cinemas
E
products. - Submarine
- Products, goods or services - Manufacturers
must be adapted to buyers’ - Restoration of Old Cars

C
demands in terms of price - Car Manufacturers
lot of staff.
and quantity.

- High Entry Barriers

- Coca-Cola and Pepsi
Two competing companies - More Innovative Products - Inadequate Options for
3. Duopoly - Visa and Mastercard
that share the market. - Healthy Competition Users
- Airbus and Boeing
- Possibility Of Collusion

- Consumer-friendly
services, most of which are
free.
4. Triopoly Three sellers, many buyers. - Offered with the goal of
grabbing consumers’
attention, and by extension,
their data.
Companies are not being
clear and up front with their
customers as to what kind of
- Sony
- Nintendo
A
data is being collected. - Microsoft in the gaming
Companies are building industry
detailed customer profiles in - General Mills
an effort.
 ISSUE
ANO NGA BA ANG LATEST
KAMARITES!
 REFERENCES:
• Economics: Its Concepts and Principles by Bon Kristoffer G. Gabay,
Roberto M. Remotin Jr., and Edgar Allan M. Uy
• https://www.investopedia.com/terms/m/monopsony.asp
• https://sendpulse.com/support/glossary/monopsony
• https://www.euston96.com/en/oligopsony/
• https://www.wallstreetmojo.com/duopoly/
• https://www.philstar.com/business/2022/11/21/2225220/inflation-
expected-accelerate-further
Thank
you
FOR LISTENING!