Business Studies, asked by rkcheema7125, 1 year ago

12. what are the essentials characteristics of market morphology?

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Answered by Anonymous

market structure. Four basic types of market structure are (1) Perfect competition: many buyers and sellers, none being able to influence prices. (2)Oligopoly: several large sellers who have some control over the prices. (3) Monopoly: single seller with considerable control over supply and prices.

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