Facebook Marketplace, an integral part of Facebook's ecosystem, has evolved into a significant online platform for sellers to reach a wide audience. Initially conceptualized as a peer-to-peer shopping space, it has expanded to include merchant selling, catering to a diverse range of product categories and services. The platform's accessibility through...

An imperfect market may be defined as any market structure where either the buyers or the sellers can influence the prices of goods and services because they are few in number. An imperfect market deals in different products.