Market structure is described as the best organizational features and other market features

Market structure is described as the best organizational features and other market features. We focus on the features that effect on the competition and pricing. Some of the structures are just theoretically made and do not have any link with realistic approach.
In perfect competition, different organizations rely on the same product then the company’s price. Production decision is depend upon their demand of their products. In the competitive market, the buyers actually decide the price and earn the production decisions compared to the prices because each company tries to offer low prices to its customers so that their market grows