The way that suppliers and demanders in an industry interact to determine price and quantity. There are four main idealized market structures that have been used in trade theory: perfect competition,monopoly, oligopoly, and monopolistic competition.
Browse by Subjects
See All Related Terms »
Bond Buyer, The
interest rate differential (IRD)
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):