032: #DISUNOMICS - HOW DIFFERENT LEVELS OF COMPETITION AFFECTS BUSINESSES & CONSUMERS

In today's world we have thousands of industries who provides millions upon millions of products. Different industries however do have differing levels of competition. > What are barriers of entry & exit? > What is price elasticity of demand? > What is perfect competition & how does it impact consumers & businesses? > What is monopolistic competition & how does it impact consumers & businesses? > What is a monopoly & how can it be bad for consumers? > Examples of these different kind of industries > Duopolies & oligopolies Any questions, comments or enquiries? hello@disunomics.com www.DISUNOMICS.com Shout outs: @RefinedCurrency - Twitter www.refinedcurrency.co.uk @Th3Conversation - Twitter @thecnvrstn - Soundcloud thecnvrstn@gmail.com My podcasts are mastered by the excellent Complex Studios. For more information check them out! www.thecomplexstudio.co.uk Learn more about your ad choices. Visit podcastchoices.com/adchoices