Market Classification

This mind map, created with EdrawMind, categorizes market structures based on competition, time, and place. Under competition, it distinguishes between imperfect competition (monopoly, duopoly, oligopoly) and perfect competition with many sellers. The time category is divided into very short period, short period, long period, and very long period. The place category includes local, national, and international markets. This classification helps in understanding the dynamics and characteristics of different market structures.

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• Market Classification

  This mind map, created with EdrawMind, categorizes market structures based on competition, time, and place. Under competition, it distinguishes between imperfect competition (monopoly, duopoly, oligopoly) and perfect competition with many sellers. The time category is divided into very short period, short period, long period, and very long period. The place category includes local, national, and international markets. This classification helps in understanding the dynamics and characteristics of different market structures.