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Study Guide Market Structure and Labor
Market Structure
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
Monopoly – types, benefits, problems, ways formed, characteristics
Oligopoly – definition, benefits, problems, characteristics
Monopolistic competition – definition, benefits, problems, characteristics, examples
Perfect competition – definition, benefits, problems, characteristics, examples
Commodity – definition
Barriers to Entry
Market power
Anti-trust laws
Economies of scale
Deregulation
Business Organizations
1.
2.
3.
4.
5.
6.
7.
Sole proprietorship – characteristics, benefits, problems
Partnership - characteristics, benefits, problems, types
Corporation - characteristics, benefits, problems
Conglomerate - characteristics, benefits, problems
Multinational corporation
Vertical and horizontal mergers
Stock – what is, purpose, benefits, problems
Study Guide Market Structure and Labor
Market Structure
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
Monopoly – types, benefits, problems, ways formed, characteristics
Oligopoly – definition, benefits, problems, characteristics
Monopolistic competition – definition, benefits, problems, characteristics, examples
Perfect competition – definition, benefits, problems, characteristics, examples
Commodity – definition
Barriers to Entry
Market power
Anti-trust laws
Economies of scale
Deregulation
Business Organizations
1.
2.
3.
4.
5.
6.
7.
Sole proprietorship – characteristics, benefits, problems
Partnership - characteristics, benefits, problems, types
Corporation - characteristics, benefits, problems
Conglomerate - characteristics, benefits, problems
Multinational corporation
Vertical and horizontal mergers
Stock – what is, purpose, benefits, problems
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