Greetings, iam William Alvine, Enjoy the rest of your day.
What Are 4 Types Of Market? [Solved]
Well, there are four main types of market structures out there: perfect competition, monopolistic competition, oligopoly and monopoly. See, perfect competition is when there’s a lot of buyers and sellers in the market; monopolistic competition is when there’s a lot of similar products being sold; oligopoly is when only a few companies control the market; and monopoly is when one company has total control. Got it?
