Market forms

• Perfect competition, in which the market consists of a very large amount of firms producing identical product
• Monopolistic competition, where there are a large amount of somewhat independent firms
• Oligopoly, in which a market is dominated by a small number of sellers
• Monopoly, where there is only one provider of a product or service
• Natural monopoly, a monopoly in which economies of scale cause efficiency to increase continuously with the size of the firm
• Monopsony, when there is only one buyer in a market

These somewhat abstract concerns tend to determine some but not all details of a specific concrete market system where buyers and sellers actually meet and commit to trade.

See also economics, microeconomics

List of Marketing Topics	List of Management Topics
List of Economics Topics	List of Accounting Topics
List of Finance Topics	List of Economists

Referenced By