Question

Explain the topic 'market structure' in economics​

Answer 1

Market structure, in economics, refers to how different industries are classified and differentiated based on their degree and nature of competition for goods and services. It is based on the characteristics that influence the behavior and outcomes of companies working in a specific market.

Step-by-step explanation:

I hope this helps, correct me if I am wrong :) DO NOT CLICK ON RANDOM LINKS AS THEY CONTAIN VIRUSES!

Answer 2

Market structure refers to characteristics or properties of marketing economy.

They are mainly represented by curves such as monopolistic characteristics which comprises of perfect and imperfect Monopoly.

And oligopolistic factor.