Vhat are different types of markets?
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Economic market structures can be grouped into four categories: perfect competition, monopolistic competition, oligopoly, and monopoly.
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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.
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