Detailed explainaton of types of market structures
Answers
Answered by
2
There are four basic types of market structures: perfect competition, imperfect competition, oligopoly, and monopoly. ... Meanwhile, monopolistic competition refers to a market structure, where a large number of small firms compete against each other with differentiated products.
Similar questions
Business Studies,
8 months ago
Science,
8 months ago
Math,
8 months ago
English,
1 year ago
Math,
1 year ago