Ekwilibriyo Sa Pamilihan
The quantity demanded (Qd) is the same as the quantity supplied (Qs).
The government controls prices of goods and services.
What is Price Control?
The way sellers and buyers are arranged in a market.
What is Estruktura Ng Pamilihan?
Only ONE seller controlling product or service in the market; other businesses struggle to enter due to large capital, technology, or valuable resource control.
What is Monopoly/Monopolyo?
To meet society's demands, the market sometimes has THESE.
What are Government Interventions?
There are many products in supply, but lesser demand.
The highest price that can be charged for a product or service.
These are the two types of Estruktura Ng Pamilihan.
What are Ganap and Di-Ganap Na Kompetisyon?
Only a few buyers buy from various sellers.
What is Monopsony/Monopsonyo?
It gives sellers freedom to do whatever they want in the market with little government interference.
What is Laissez-Faire?
Product is of high demand, but it's low in stock.
The lowest price that can be charged for a product or service.
Many buyers and sellers, identical products, and easy entry and exit. e.g., agricultural product market.
What is Ganap Na Kompetisyon?
What is Oligopoly/Oligopolyo or Cartel?
The meaning of Laissez-Faire (translation).
What is "let them do it" or "hayaan siyang kumilos"?
Many sellers, various products, centered around saving and spending.
These are things that can benefit many people and are normally given or funded by the government. They are non-excludable (can't be stopped from usage) and non-rivalrous (doesn't affect others).
What are Public Goods?
What is an Externality?