Market Structure

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Definition: Market Structure

Market Structure
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Full Definition of Market Structure

The collection of factors that determine how buyers and sellers interact in a market, how prices change, and how different levels of the production and selling processes interact. The four basic types of market structure include oligopolies, monopolies, perfect competition, and monopsony (where only one buyer is present in the market).

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https://payrollheaven.com/define/market-structure/
Modern Language Association (MLA):
Market Structure. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 18, 2024 https://payrollheaven.com/define/market-structure/.
Chicago Manual of Style (CMS):
Market Structure. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/market-structure/ (accessed: April 18, 2024).
American Psychological Association (APA):
Market Structure. PayrollHeaven.com. Retrieved April 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/market-structure/

Definition Sources

Definitions for Market Structure are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.