Types of market according to the competition

Types of market according to the competition

1. Perfect Competition

   • -Many companies with similar products. prices -Are standardized by supply and demand. No one exerts force on prices

2. market in Monopolist

   • a single company determines the value of its product in the market and has no competition.

3. market in oligopoly

   • Market model that is dominated by few producers and distributors who control prices in the market.

4. market in Monopsonio

   • It is a single buyer, who influences the price and characteristics of the product.

5. Economy

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