DESCRIPTION
| Type of product market |
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| 1. A market structure with many sellers of similar but differentiated products that are close substitutes |
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| 2. A type of market with a single seller of a product which has no close substitutes |
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| 3. A market composed of many buyers and sellers dealing with homogeneous products |
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| 4. A market composed of only two firms selling similar but differentiated products |
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| 5. A market structure with a few firms in the industry which sell similar but differentiated products that are close substitutes |
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