English, asked by thangngamhaokip2, 1 year ago

what are the different types of markets discuss in detail

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Answered by prashastitalesara35
5
The five major market system types are Perfect Competition, Monopoly, Oligopoly, Monopolistic Competition and Monopsony.

Perfect Competition. Perfect competition is a market system characterized by many different buyers and sellers. ...

Monopoly. ...

Oligopoly. ...

Monopolistic Competition. ...

Monopsony.

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