Question

Q.1 Write a note on different types of markets ?​

Answer 1

There are four basic types of market structures.

1) Pure Competition. Pure or perfect competition is a market structure defined by a large number of small firms competing against each other.

2) Monopolistic Competition.

3) Oligopoly.

4) Pure Monopoly.

Answer 2

Answer:

There are four basic types of market structures.

• Pure Competition. Pure or perfect competition is a market structure defined by a large number of small firms competing against each other. ...
• Monopolistic Competition. ...
• Oligopoly. ...
• Pure Monopoly.