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#cfa-level-1 #microeconomics #reading-16-the-firm-and-market-structures #section-2-analysis-of-mkt-structures #study-session-4
Traditionally, economists classify a market into one of four structures: perfect competition, monopolistic competition, oligopoly, and monopoly.
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2. ANALYSIS OF MARKET STRUCTURES
Traditionally, economists classify a market into one of four structures: perfect competition, monopolistic competition, oligopoly, and monopoly. Section 2.1 explains that four-way classification in more detail. Section 2.2 completes the introduction by providing and explaining the major points to evaluate in determining the stru


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