Economics project class 12 forms of market
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Forms of market :The major market forms are:
Perfect competition: there are many numbers of buyers as well as many numbers of sellers.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 seller and many number of buyers.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.
Perfect competition: there are many numbers of buyers as well as many numbers of sellers.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 seller and many number of buyers.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.
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"The market is divided into three major parts as compared to supply and demand on the stock level.
1. Stock market
2. Grain market
3. Raw gold market
These type of markets works as per the selling and buying of the product. This becomes essential while checking on the economic dilemma as per the market motto. Apart from this, the degree and nature of competition also play a vital role.
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Explanation:
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