by Simon Ng | Aug 31, 2017 | Economics Tuition, JC Economics Notes, JC Economics Tuition Notes, Market Structures |
In our economics tuition, this jc economics note provides a good understanding on the concept of price discrimination and the three degrees of price discrimination. What is price discrimination? Examine price setting behaviour of firms In technical terms, price...
by Simon Ng | Aug 3, 2015 | Cost of Production, Economics Tuition, JC Economics Essays, Market Structures, Microeconomics |
Discuss the relative significance of input cost, consumer incomes and market concentration in influencing firms’ pricing decisions in your country. [25] Introduction Firms in most industries in Singapore face an imperfect market condition and the pricing behaviours...
by Simon Ng | Apr 23, 2015 | Economics Tuition, JC Economics Essays, Market Structures, Microeconomics |
Compare the features of monopoly and perfect competitive firms. Introduction State that the perfect competition differs from the monopoly as there are perfect market information and mobility of resource in the perfect market competition while there are imperfect...
by Simon Ng | Apr 23, 2015 | Economics Tuition, JC Economics Essays, Market Structures, Microeconomics |
Using Economic theory, Explain how firms in imperfect markets determine price that would maximize profits. Introduction Imperfect market structures are market structures that have imperfect market information and immobility of factors of production. The firms under...
