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Market Structure and Forms of Market by Manik Singh Kapoor is a document available to read on EtoBox.
What is Market Structure and Forms of Market about?
The document discusses market structure and different forms of market structure including perfect competition and monopoly. It defines market structure as the number of firms, product differentiation, and barriers to entry. Perfect competition has many firms, homogeneous products, perfect information and free entry/exit. A monopoly has a single seller, no close substitutes for its product, and barriers to entry.
- Author
- Manik Singh Kapoor
- Language
- EN