Question

Conclusion of forms of market

Answer 1

Explanation:

In conclusion, the concept of market structure is central to both economics and marketing. Besides, there are difference feature in these four common types of market structure which is perfect competition, monopolistic competition, oligopoly and monopoly...

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Answer 2

Answer:

A market form is similar to the market structure, which has been emerged in the theories of the Adam smith's. As the monopolistic, monopoly, oligopoly and the perfect competition.

Explanation:

• Thus a monopolistic a type of imperfect market form where the producers sell the products that differentiated on the basis of the branding and the quality.  

• They tend to ignore the impact on their own prices. Thus the type of market structure exists when a large number of sellers attempt to differentiate among themselves.

• The oligopoly market where the industry has a small number of sellers, the entry barriers including the higher investment and a sting consumer loyalty are there for the economies of scale.

• The perfect competition is defined as an idealizing, market where the equilibrium exists in the well-defined products and the no barriers to entry and exit.