Types of Market Structure: Perfect Competition, Monopoly, Oligopoly, Monopolistic Competition

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Added on 2022/12/21

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This article discusses the four types of market structure - perfect competition, monopoly, oligopoly, and monopolistic competition. It explains the characteristics, advantages, and disadvantages of each market structure. The article also provides examples and discusses the impact of market structure on pricing and competition.

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Types of Market Structure: Perfect Competition, Monopoly, Oligopoly, Monopolistic Competition

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