Saturday, September 15, 2018

MARKET STRUCTURES

MONOPOLY
Where there will be a single seller and many buyers. There will be no compotator entering  into the market .
EX : COAL EXTRACTION , BOEING INDUSTRY .

OLIGOPOLY
In this market the there will be few firms producing the goods and few buyers but in a large scale of sales.

EX : JCB proclainer .

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