market types: according to co-ownership

The landscape of market types is defined by the dynamics of ownership and competition among buyers and sellers. In a perfect competition market, numerous buyers and sellers trade identical goods and services without affecting prices.

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luonut Thirusha Murugadass

luonut Patel Sheil

luonut Lea McIntyre

luonut Nitin Kashyap

Few sellers, many buyers

imperfect

few companies, heterogeneous product

perfect

few companies, homogeneous product

telephony

many companies, similar products

car brands

Comp. monosopnist

Buyers are few and compete, giving favors to sellers

Oligopsony

Few buyers. Anyone influences price

Duopsony

two dominant buyers

Heinz and nestlé