Sup, iam Landon Digiovanni, You have yourself a good one!
What Are 3 Types Of Market? [Solved]
Well, there’s a lot of different types of markets out there. Perfect competition is when lots of companies are selling the same product, so prices stay low. An oligopoly market is when a few companies control the market and can set their own prices. A monopoly market is when one company has total control over the product and its price. And lastly, monopolistic competition is when lots of companies are selling similar products but they can still set their own prices. Got it?
