Economics is a fundamental icon that has its significance in almost every market and every field in particular. The main definition of economics has been proposed by Adam smith that shows economics is the name of attaining maximum satisfaction through scarce resources which is equally important for both organizations as well as individuals. Economics are predominantly divided into two different branches such as microeconomics and macroeconomics . There are certain concepts that specifically stride under the field of economics and among them; the name of market based structure is one of them. The relationship among the regulations along with certain market ...
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