LECTURE 5: MARKET STRUCTURES

Institution UNIVERSITY
Course BUSINESS STUDIES
Year 1st Year
Semester Unknown
Posted By Brian Mike
File Type pdf
Pages 13 Pages
File Size 191.87 KB
Views 5159
Downloads 1
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Description

Market structure refers to the nature and degree of competition in the market for goods and services. The structures of market both for goods market and service (factor) market are determined by the nature of competition prevailing in a particular market.
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