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Summary
- Market structure refers to how different industries are classified and differentiated based on their degree and nature of competition for services and goods.
- The four popular types of market structures include perfect competition, oligopoly market, monopoly market, and monopolistic competition.
- Market structures show the relations between sellers and other sellers, sellers to buyers, or more.
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WEBMay 23, 2023 · Market structure refers to the way that various industries are classified and differentiated in accordance with their degree and …
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