write about the different types of markets
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0
Answer:
Pure Competition. Pure or perfect competition is a market structure defined by a large number of small firms competing against each other. ...
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3
Answer:
The 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.
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