Brief introduction about different market structures: Perfect Competition, Monopoly, Monopolistic Competition, Oligopoly Thanks for downloading. I'm glad to be of help. Please kindly like. &comment as well... Any ppt needed? Then comment the topics and I'll prepare a well presented ppt and post it!

4. 1. Very large number of Buyers and Sellers: The number of sellers is so large
that the share of each seller is insignificant in the total supply and hence an
individual seller cannot influence the market price.
2. Homogeneous Product: The products offered for sale in the markets are
identical in all respects like size, shape, quality, color etc.
3. Freedom of entry and exit: Every seller has the freedom to enter or exit the
industry. There are no artificial and natural barriers for entry of new firms
and exit of existing firms.
4. Perfect knowledge among buyers and sellers: Both buyers and sellers have
perfect knowledge about the product market and input market i.e. each firm
have a uniform cost structure and o all the firms earn uniform profits.
5. Perfect mobility of factors of production: The factors of production (land,
labor, capital and entrepreneurship) are perfectly mobile. There are no
geographical or occupational restrictions on their movement.