Apart from retail and wholesale markets,what sre the different types of markets
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There are five different types of markets
Explanation:
1- Monopoly:
A market with only one producer of a specific product or service and there is no competition .
2-Oligopoly
It is a type of market where there is a small majority of the producers who dominate the market .
3-Monopolistic Competition with Numerous Competitors .
A type of market with a mixture of monopoly and perfect competition.
Learn more about Monopoly here:
What is monopoly market?
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