Market Structure
- Synopsis
- Links economic theory with real business activity. In three parts: 1) Meaning of term ‘market’. Vegetable growers in perfect competition. How an auction market sets price. 2) How to become a monopolistic competitor. Oligopolists in the oil industry. How oligopolists keep their market share. Price wars and cartels. 3) Opec oil cartel. Ball-point pen monopoly. Government-controlled monopoly and gains from competition. Summary.
- Series
- Real World Economics, Series
- Language
- English
- Country
- New Zealand
- Medium
- Video; Videocassette. VHS. col. 13 min.
- Year of production
- 1993
- Availability
- Sale; 1996 sale: £29.50 (+VAT +p&p)
- Uses
- Secondary/adult.
- Subjects
- Economics
- Keywords
- economic relationships; economics theory; goods and services; monopolies
Production Company
- Name
New Zealand
Distributor
- Name
Viewtech Educational Media
- Notes
- NB. Viewtech ceased trading in 2014 and the company’s products are no longer in distribution
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