The Constant Fight for Profitability: Dispense Construction and Porter's Five Forces
What is dispense construction and what is Porter's Five Forces? Here is some aid.
Monopolistic Competition: https://www.khanacademy.org/economics-finance-domain/ap-microeconomics/imperfect-competition/monopolistic-competition/v/monopolistic-competition-and-economic-profit
One way to mete the cast of dispense is an apostacy understand as the Herfindahl Hirschman Apostacy HHI. It is the authoritative mete used to rejoinder the pristine inquiry in any anti expectation plight, is the determined sufficiently bulky in the diligence to be a monopoly: https://www.justice.gov/atr/herfindahl-hirschman-index
Select a monopolistic competitive determined and an oligopoly determined. Then adduce Porter's five forces and compare:
1) What are the challenges to income faced by each determined?
2) Which determined is slight to enjoy a abundantly loftier reprove of recompense? 3) What challenges to income start due to accoutre tie and intermediary consumers such as processors and distributors?
3) What challenges to income start due to accoutre tie and intermediary consumers such as processors and distributors?