Market Types

Description

Microeconomía
YODI PATRICIA ORDOÑEZ URBANO
Mind Map by YODI PATRICIA ORDOÑEZ URBANO, updated more than 1 year ago
YODI PATRICIA ORDOÑEZ URBANO
Created by YODI PATRICIA ORDOÑEZ URBANO over 4 years ago
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Resource summary

Market Types
  1. Depending on the product
    1. Of consumption
      1. Products that satisfy a need, example: hunger
      2. Industrial
        1. Raw materials or inputs for manufacture goods and services, like cement, rods, tubes, etc.
        2. Of service
          1. Intangible services, like energy, telephony, education
        3. Depending on the geographic area
          1. Local market
            1. It serves a reduced area, it can be a city, town for example: pharmacy.
            2. National market
              1. A market that meets the needs of an entire country, which is made up of departments, cities, towns, etc.
              2. Global market
                1. A market that extends to all the countries of the world.
                2. International market
                  1. Buyers from different countries.
                3. Depending on the competition
                  1. Perfect competition
                    1. It is a market where there are several competitors, that is, there are several sellers who set different prices.
                    2. Monopoly
                      1. Only one company offers goods and services, controlling the market.
                      2. Oligopoly
                        1. There are few producing companies and many buyers, for example: cocacola, pepsi.
                      3. Depending on the buyer
                        1. Dealer market
                          1. They buy products to resell them and not for consumption example: supermarkets
                          2. Consumer market
                            1. buyers who purchase goods and services to satisfy needs.
                            2. Industrial buyers market
                              1. Companies that buy productive resources to transform a product.
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