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Karthikeyan

Public·11 members

Market Structures


  1. Perfect Competition – Many sellers, same product (like vegetables in a market). No one controls price.

  2. Monopolistic Competition – Many sellers, similar but not same products (like Nike vs Adidas shoes). Some control over price.

  3. Oligopoly – Few big sellers (like Pepsi & Coke). They control a big share.

  4. Monopoly – Only one seller (like Railways). Full control of price.

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