define the term market... Only name of the it's form...
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2
Heya...
Market define....
The term market refers to all such systems or arrangements that bring the buyer and seller in contact with each other to settle the sale and purchase of goods...
It doesn't refer to any shopping complex..
There are four forms of market ...
1 Perfect competition..
2 Monopoly market
3 Monopolistic market
4 Oligopoly market...
Market define....
The term market refers to all such systems or arrangements that bring the buyer and seller in contact with each other to settle the sale and purchase of goods...
It doesn't refer to any shopping complex..
There are four forms of market ...
1 Perfect competition..
2 Monopoly market
3 Monopolistic market
4 Oligopoly market...
Answered by
1
a regular gathering of people for the purchase and sale of provisions, livestock, and other commodities.
2.
an area or arena in which commercial dealings are conducted.
NAME OF ITS FORMS=》
Perfect competition: there are many firms making a homogeneous product.
Monopolistic competition, also called competitive market: there are a large number of independent firms. Each firm has a very small proportion of the market share.
Oligopoly: A market is dominated by a small number of firms which own more than 40% of the market share.
Oligopsony: A market dominated by many sellers and a few buyers.
Monopoly: There is only one provider of a product or service.
Natural monopoly: A monopoly in which economies of scale cause efficiency to increase continuously with the size of the firm.
Monopsony: There is only one buyer in the market.
2.
an area or arena in which commercial dealings are conducted.
NAME OF ITS FORMS=》
Perfect competition: there are many firms making a homogeneous product.
Monopolistic competition, also called competitive market: there are a large number of independent firms. Each firm has a very small proportion of the market share.
Oligopoly: A market is dominated by a small number of firms which own more than 40% of the market share.
Oligopsony: A market dominated by many sellers and a few buyers.
Monopoly: There is only one provider of a product or service.
Natural monopoly: A monopoly in which economies of scale cause efficiency to increase continuously with the size of the firm.
Monopsony: There is only one buyer in the market.
shruti2058:
in my syllabus there are only 4 market forms
i don't know your syllabus so i give you all of them
all 7 sevens
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