Question

How to write a conclusion on Forms of Market( contents- perfect competition market, monopoly, monopolistic competition, oligopoly)?

Answer 1

Market structure has historically emerged in two separate types of discussions in ... Monopolistic competition, a type of imperfect competition such that many producers sell products

Answer 2

How to write a conclusion on Forms of Market( contents- perfect competition market, monopoly, monopolistic competition, oligopoly)?

Explanation:

• A market stricture is dominated by the presence of the various aspects of the market as the form of market compositions and includes the perfect competition where there exist many buyers and many sellers and all sell the same product and price is unaffected.

• In an oligopoly, the market is formed by a few firms which own more than 40% of the market share. The sellers have various barriers to entry and buyers have none. The monopoly has only one type of seller and has many buyers, bit there exists barriers to entry for sellers.

• The monopolistic competition is also called a competitive market where we see large independent firms. The form has a small part of the market share.

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