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When these two markets are compared, we can observe that when a market is inclined towards perfect competition, there are few imperfections.About the Company: is an online tutoring company.It is a very vast subject and requires proper understanding of the concepts for an easy application of these concepts practically.

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The study of market structures is important because of the fact that the above mentioned markets are seen more or less in our daily life.Entry and exit from the industry Is relatively easy with few barriers to entry and exit.

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All these factors are collectively called as the market structure.

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