Market structure and Business organization
Storyboard Text
- I was absent Mr. Rival class last Tuesday. Can you guys tell me what is the lesson and explain it to me?
- Can you tell me the answer of those question, Colby?
- Khoa Le
- Corporatin in MonopolyHow could a corporation be a monopoly?Explain how competition or lack thereof will impact supply and/or demand in this market structure. What is an advantage or disadvantage of corporations?
- The lesson is the Corporation in Monopoly
- No problem, I will write it on the board
- There are some question that you focus on:How could a corporation be a monopoly?Explain how competition or lack thereof will impact supply and/or demand in this market structure. What is an advantage or disadvantage of corporations?Corporation in Oligopoly
- How could a corporation be a monopoly?A corporation can become a monopoly when it gains such a dominant position in a particular market that it effectively controls the entire supply of a product or service and eliminates or suppresses competition.
- Double taxation and complex formation are the disadvantages of coporation
- The level of competition in a market structure can significantly impact both supply and demand. Market structures can be broadly categorized into four types: perfect competition, monopolistic competition, oligopoly, and monopoly.
- Limited liability, access to capital, and professional management are the advantages of coporation
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