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- Different types of product markets include12:
- Perfect competition: Almost unlimited buyers and sellers.
- Monopoly: Only one company producing a certain product or service.
- Monopolistic competition: Multiple companies selling similar but differentiated products.
- Oligopoly: A few large companies dominate the market.
- Monopsony: Only one buyer for a product or service.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Different types of market systems and structures
- 1. Perfect competition A perfect competition market system occurs in situations where there are almost unlimited buyers and sellers. ...
www.indeed.com/career-advice/career-developme…Examples of Product markets Farmer’s market selling vegetables direct to the public Fish market Supermarkets selling a range of goods in a convenient place. Amazon.com – Offering the direct sale of goods, and marketplaces for intermediaries Ebay.com – Offering individuals the opportunity to sell goods.www.economicshelp.org/blog/glossary/product-an… - People also ask
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