Market structure into four types of market

1. Perfect Competition:- 

                                        A huge number of buyers and seller are present in the similar types of product at a similar price.

Example:- The seller who sell fruits and the price of the fruits will be the similar.

2. Monopolistic Competition:-

                                          A large number of buyer and sellers and similar types of product but not homogeneous nature.

Example:- Builders, hotels 

3. Oligopoly Market: - 

                                         We find a less number of a selling in the market and they have similar or different types of product. It is relatively inelastic. The curve shows slope downward.

Example:- Manufacturers of bike, Cement

4. Monopoly Market:-

                                        A single seller is responsible for selling unique goods.

Example:- Railway, water supply operator.