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svetlana [45]
2 years ago
5

Which market structure is most prevalent in reality? Explain.​

Business
2 answers:
kaheart [24]2 years ago
5 0

Answer:

Perfect competition is an ideal type of market structure where all producers and consumers have full and symmetric information, no transaction costs, where there are a large number of producers and consumers competing with one another. Perfect competition is theoretically the opposite of a monopolistic market.

Explanation:

Pls mark me the Brainliest..pls..

Korolek [52]2 years ago
5 0

Let's review different market structures and their characteristics. Monopolistic competition is the most common market structure, characterized by brand name and slightly differentiated products with many substitutes.

<em>-</em><em> </em><em>BRAINLIEST</em><em> answerer</em><em> ❤️</em><em>✌</em>

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Explanation:

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Answer:

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