Question

types of inefficiency as results of imperfect market​

Answer 1

Answer:

Monopoly. This is a structure in which there is only one (dominant) seller.

Oligopoly. This structure has many buyers but few sellers.

Monopolistic Competition. In monopolistic competition, there are many sellers who offer similar products that can't be substituted.

Monopsony and Oligopsony.

Answer 2

Answer:

Types of Imperfect Markets

• Monopoly. This is a structure in which there is only one (dominant) seller.
• Oligopoly. This structure has many buyers but few sellers.
• Monopolistic Competition. In monopolistic competition, there are many sellers who offer similar products that can't be substituted
• Monopsony and Oligopsony