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Class 10 > Learn Class IX-X Tuition > what is a market structure
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what is a market structure

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a market is a place wherein buyers and sellers are in such a free intercourse with one another that prices are determined.now the market structure is defined as prevalence of different market based on competition,product and number of the firms.
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Is is defined as the what is a market and related structures which effects the nature of competition, pricing. But not to place too much emphasis simply on themarket shareof the existing firms in a industry
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Market structure can be defined as, the number of firms producing identical goods and services in the market and whose structure is determined based on the competition prevailing in that market.
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Those characteristics of the market that significantly affect the behavior and interaction of sellers and buyers like transparency of information, type of the product, number and size of the sellers and buyers.
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Market structure can be defined as no. Of firms producing identical goods and services in the market and whose structure is determined on the basis of competition. Basic thing which is concerned more is type of competition prevailing in the market and for that matter there are three tupes of competition 1....
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Market structure can be defined as no. Of firms producing identical goods and services in the market and whose structure is determined on the basis of competition. Basic thing which is concerned more is type of competition prevailing in the market and for that matter there are three tupes of competition 1. Perfect competition - many buyers and sellers, none being able to influence price 2. Oligopoly - several large sellers who have control over prices 3. Monopoly - single seller with considerable control over supply and prices. read less
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Market structure is characteristic of the market like eg. Book market , Veg. Market Market structure can also be defined as organized and competitive nature of market.
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there are different types of market strucutres such as:- 1. perfect competition 2. monopoly 3. monopolistic competition it can be further divided into oligopoly etc.
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focusing on characteristics which affect the nature of competition and pricing...
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Organizational and competitive characteristics of a market.
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14yrs exp Math Computers Science English Hindi Teaching. Improvement In Scores Guaranteed Fee REFUND

Market structure can be defined as, the number of firms producing the identical goods and services in the market and whose structure is determined on the basis of the competition prevailing in that market.
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