File: Competition Pdf 122262 | 318 Economics Eng Lesson21
Forms of Market MODULE - 8 Market and Price Determination 21 Notes FORMS OF MARKET You are familiar with the term market. Market is the major source of distribution of ...
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...Forms of market module and price determination notes you are familiar with the term is major source distribution goods services purpose producing to sell them consumers who demand we need medium in today s world a buyer can get so many types what different as students economics must know this lesson denoted for towards objectives after completing will be able z understand concept meaning perfect competition its features explain monopoly monopolistic oligopoly draw comparison among heart soul modern economic life without producers activities hardly make any sense common parlance assumed place where bought sold but does not refer specific rather it mechanism through which buyers sellers come into contact each other buy or at mutually agreed prices main include exist only between seller that transaction takes b area easily find nearer human settlement limited particular age internet have rapidly growing online geographical order good exists physically virtually c commodity has over some s...