Political Science, asked by simmi3019v, 2 months ago

describe various types of markets short answer​

Answers

Answered by Guddan83685
1

Answer:

The five major market system types are Perfect Competition, Monopoly, Oligopoly, Monopolistic Competition and Monopsony.

Explanation:

A market is where buyer and seller are involved in the sale and purchase of goods. It establishes a link between the producer and the consumer. There are different kinds of markets namely; weekly market, shops, shopping complex or mall.

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Answered by fgschengdu
2

Answer:

The five major market system types are Perfect Competition, Monopoly, Oligopoly, Monopolistic Competition and Monopsony.

Explanation:

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