Question

what are the various types of markets​

Answer 1

Answer:

five major market system types are Perfect Competition, Monopoly, Oligopoly, Monopolistic Competition and Monopsony.

Perfect Competition with Infinite Buyers and Sellers. ...

Monopoly with One Producer. ...

Oligopoly with a Handful of Producers. ...

Monopolistic Competition with Numerous Competitors. ...

Monopsony with One Buyer.

Answer 2

Qᴜᴇꜱᴛɪᴏɴ ⤵️

ᴡʜᴀᴛ ᴀʀᴇ ᴛʜᴇ ᴠᴀʀɪᴏᴜꜱ ᴛʏᴘᴇꜱ ᴏꜰ ᴍᴀʀᴋᴇᴛꜱ

ᴀɴꜱᴡᴇʀ ⤵️

ᴛʜᴇ ꜰɪᴠᴇ ᴍᴀᴊᴏʀ ᴍᴀʀᴋᴇᴛ ꜱʏꜱᴛᴇᴍ ᴛʏᴘᴇꜱ ᴀʀᴇ ᴘᴇʀꜰᴇᴄᴛ ᴄᴏᴍᴘᴇᴛɪᴛɪᴏɴ, ᴍᴏɴᴏᴘᴏʟʏ, ᴏʟɪɢᴏᴘᴏʟʏ, ᴍᴏɴᴏᴘᴏʟɪꜱᴛɪᴄ ᴄᴏᴍᴘᴇᴛɪᴛɪᴏɴ ᴀɴᴅ ᴍᴏɴᴏᴘꜱᴏɴʏ.

1. ᴘᴇʀꜰᴇᴄᴛ ᴄᴏᴍᴘᴇᴛɪᴛɪᴏɴ ᴡɪᴛʜ ɪɴꜰɪɴɪᴛᴇ ʙᴜʏᴇʀꜱ ᴀɴᴅ ꜱᴇʟʟᴇʀꜱ.

2. ᴍᴏɴᴏᴘᴏʟʏ ᴡɪᴛʜ ᴏɴᴇ ᴘʀᴏᴅᴜᴄᴇʀ.

3. ᴏʟɪɢᴏᴘᴏʟʏ ᴡɪᴛʜ ᴀ ʜᴀɴᴅꜰᴜʟ ᴏꜰ ᴘʀᴏᴅᴜᴄᴇʀꜱ.

4. ᴍᴏɴᴏᴘᴏʟɪꜱᴛɪᴄ ᴄᴏᴍᴘᴇᴛɪᴛɪᴏɴ ᴡɪᴛʜ ɴᴜᴍᴇʀᴏᴜꜱ ᴄᴏᴍᴘᴇᴛɪᴛᴏʀꜱ.

5. ᴍᴏɴᴏᴘꜱᴏɴʏ ᴡɪᴛʜ ᴏɴᴇ ʙᴜʏᴇʀ.