What are the different types of market structures 2024?
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Works at the International Development Association, Lives in Washington, D.C., USA.
Here are the four basic market structures:Perfect competition: Perfect competition happens when numerous small firms compete against each other. ... Monopoly: A monopoly is a firm that has no competitors in its industry. ... Oligopoly: An oligopoly is an industry with only a few firms.More items...
2023-05-12 11:00:29
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Julian Lopez
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Here are the four basic market structures:Perfect competition: Perfect competition happens when numerous small firms compete against each other. ... Monopoly: A monopoly is a firm that has no competitors in its industry. ... Oligopoly: An oligopoly is an industry with only a few firms.More items...