OceanographyEach branch has its own market specificity: the production of various goods, a different composition of producers, the size of companies, the characteristics of technology, the composition and specificity of consumers, the specificity of competition. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essayIn microeconomics, the most typical market structures (market models) are generalized and the behavior of manufacturing enterprises is studied, leading to the receipt of the greatest benefits for them - the receipt of maximum profit. At the heart of these generalizations, specific recommendations are developed that have important applied importance in choosing the company's behavior strategy in specific market conditions. The object of the competitive analysis is the branch. For example, a group of competitors who produce goods (services) and compete directly with each other. The purpose of the analysis is to identify the company's competitive advantages and the choice of a competitive strategy. There are four main market structures: perfect competition, monopolistic competition, oligopoly and monopoly. Perfect competition indicates a market structure, in which an abundance numerous small businesses compete with each other. Furthermore, companies do not have significant influence on market power. As a result, the producer generally produces the absolute level of output, which in turn brings many buyers and sellers to the market who trade identical products so that each buyer and seller is a price taker. Perfect competition is based on the following elements: • All small businesses are focused on maximizing profits. • The goods offered by various sellers are largely the same. • There are no specific preferences between different sellers. For the customer, it does not matter which company they buy the products from. • All companies have free access and exit to the market. • There is perfect information and knowledge about homogeneous products. Currently, according to Nielson statistics, 3885567619 out of the global market population 7519028970 people use the internet. Approximately 3.9 billion Internet users are both producers and consumers. The above-mentioned example indicates that the Internet is a market, where myriad consumers/producers operate without any influence on market power, which in turn leads to equal opportunities in this market, exemplifying one of the characteristics of perfect competition. Example of perfect competitionInternet-related industries. The Internet has a strong influence on the perfect competition market because the Internet has made it possible to compare and control prices easily, quickly and efficiently (perfect information). As a result, selling any type of good over the Internet through services like Alibaba, Aliexpress, and E-bay is extremely similar to perfect competition. For example, it is becoming increasingly popular to use the above-mentioned online magazines to compare the prices of any type of product and buy the cheapest ones. Like perfect competition, Alibaba, Aliexpress and E-bay online magazines are based on the following elements: • There is also a large number of sellers. • Perfect information and knowledge. It is easy to compare the prices of goods.• There are no significant barriers to entry and exit from the market. Monopolistic competition is a type of market structure consisting of many small firms producing differentiated products and with free entry and exit from the market. from the market. The products of these companies are similar, but not completely interchangeable, which means there is a difference in price, features,).