In the monopolistic competition market, entry barriers are lower than in the oligopoly market.

The presence of market power is one of the conditions for the implementation of price discrimination.

A profit-maximizing monopolist operates on an inelastic demand segment.

Barriers that are embedded in the fundamental market conditions and that firms can not control are called exogenous.

if consumers expect intertemporal price discrimination in the durable goods market, they will reduce the consumption of goods today

Resale price maintenance refers to any attempt by a manufacturer to control the price set by a dealer reselling the product.

For a consumer, price discrimination of the 1st degree is more advantageous if compared with price discrimination of the 2nd degree, since in this case the consumer surplus is greater.

As the number of firms grows, the stability of the cartel agreement decreases.

The equilibrium in a Bertrand model with capacity constraints leads to a perfectly competitive market.

One of the motives for vertical integration could be to avoid government pressure