the Imperfect Market could be defined as:
Imperfect Market is the situation of the market when a single buyer or seller or limited group of the buyers or sellers is capable to purchase or sale of a commodity in such a manner that it could influence the price of the market.
Kinds of Imperfect Market:
Imperfect Market is the situation of the market when a single buyer or seller or limited group of the buyers or sellers is capable to purchase or sale of a commodity in such a manner that it could influence the price of the market.
Kinds of Imperfect Market:
- Duopoly
- Oligopoly
- Monopolistic Competition
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