Haji Ibrahim Super Market

Masha AllahA market is a place where people go to buy or sell things. When people have products to sell, they set up a market place. There may be a special building for the market place, or the market may be held in an open space where the sellers can put up a stall (like a kind of tent) and then take the stall down at the end of the day.



A fish market in South Korea



Wet market in Singapore

The word market can also have a more general meaning in the economy. It can mean the way things are bought or sold. "There is a big market for dishwashers" means that lots of people want to buy dishwashers, so therefore a business that makes dishwashers is likely to be able to make a lot of money. When things are sold, people buy the product, and this "stimulates the economy" (helps people to spend and earn money). The market needs to balance supply and demand. There is no point in supplying (making) lots of dishwashers if people do not want them. In the market prices may change quickly if supply or demand changes.

If a seller of a good cannot supply what customers want or ask for too high of a price, other sellers may try to supply that good. If other sellers enter the market for that good, in competition, that will tend to fulfill demand and lower prices. Sellers who do not like competition may try to kill the competition. This would establish a monopoly, and many countries have laws to protect the free market against such practices.
In economics, market structure (also known as market form) describes the state of a market with respect to competition.

Most market forms given below talk about a homogeneous product. This simply means that they all make the same . They simply want to get the cheapest one, since all kinds of sugars (or soaps) look the same anyway.

The major market forms are:

Perfect competition: there are many numbers of buyers as well as many numbers of sellers, all the producers sell the homogeneous product and price remains unchanged

Monopolistic competition, also called competitive market: there are a large number of independent firms. Each firm has a very small proportion of the market share.

Oligopoly: A market is dominated by a small number of firms which own more than 40% of the market share.

Oligopsony: A market dominated by many sellers and a few buyers.

Monopoly: There is only one seller and many number of buyers.

Natural monopoly: A monopoly in which economies of scale cause efficiency to increase continuously with the size of the firm.

Monopsony: There is only one buyer in the market.

The imperfectly competitive structure is quite identical to the realistic market conditions where some monopolistic competitors, monopolists, oligopolists, and duopolists exist and dominate the market conditions.

These somewhat abstract concerns usually determine some but not all details of a specific concrete market system where buyers and sellers actually meet and commit to trade.

Quick Reference to Basic Market StructuresMarket StructureSeller Entry BarriersSeller NumberBuyer Entry BarriersBuyer NumberPerfect competitionNoManyNoManyMonopolistic competitionNoManyNoManyOligopolyYesFewNoManyOligopsonyNoManyYesFewMonopolyYesOneNoManyMonopsonyNoManyYesOne

The correct sequence of the market structure from most to least competitive is perfect competition, imperfect competition, oligopoly, and pure monopoly.

The main criteria by which one can distinguish between different market structures are: the number and size of producers and consumers in the market, the type of goods and services being traded, and the degree to which information can flow freely.

Microeconomics Archived 2006-04-18 at the Wayback Machine by Elmer G. Wiens: Online Interactive Models of Oligopoly, Differentiated Oligopoly, and Monopolistic Competition

A super market in Fulbaria. Almost everything is available here. But Hazi Sabet Plaza or Chowdhury Plaza may be little better.

However, Grameenphone Customer Care Centre and Islami Bank Branch are in Ibrahim Market. This also special for tailors. Renowned tailors have their shops in this market.

Very nice market...this is a place which has many modern things in it such as a complex of shops representing types of merchandisers and many walkways that enable the customer to go from unit to unit and to purchase some things.

Lots of beautiful places, lots of good things to be found.

Great Super market I ever seen

Markets place with good filings.

Its first super market of fulbaria

nice place for electric product

My plese fullbaria post-office Road

Its a old super market at Fulbaria in Mymensingh

Best supermarket in fulbaria...

It's a good place

Senetary Shop add me

Good for local puchase

Shoping meerkat.

It good market

As

oldest 😇

Meets daily needs

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