Pricing strategies in monopolistic competition

Reference no: EM1368032

1. Pick any organization; determine what strategy you would recommend for the organization in terms of pricing, non price barriers to entry and product differentiation?

2. Explain which market structures are price makers and price takers. What is the difference in the demand curves and why.

3. Describe the pricing strategies in monopolistic competition, oligopoly, and monopoly market models.

Which market structure would you consider to be the most efficient in terms of meeting the economic needs of society? Which is the most inefficient? Please explain you answer

Reference no: EM1368032

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