Question

what are the different types of markets? explain​

Answer 1

Answer:

There are four basic types of market structures: perfect competition, imperfect competition, oligopoly, and monopoly. Perfect competition describes a market structure, where a large number of small firms compete against each other with homogenous products.

Answer 2

$\huge {\mathbb {\underline {\purple{ANSWER}}}}$

There are four basic types of market structures: perfect competition, imperfect competition, oligopoly, and monopoly. Perfect competition describes a market structure, where a large number of small firms compete against each other with homogenous products.

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