... Compared to supermarkets, wet markets not only provide wider choices of fresh goods but also allow us to bargain the price. We can check the quality of goods and pick our desired one, as the products do not come in packets. My grandparents used to work in a wet market. I remember days helping my Grandpa cut the huge snowy ice into small cubes and picking out little worms from the newly arrived vegetables. When I first came to HK1, I was surprised by the fact that people here also buy fresh food from the wet markets. This enticed me to further investigate the nature of the wet markets and the difference between markets in HK and Malaysia. Markets can be classified into different structures according to different degrees of competition. Wet markets are considered to have monopolistic competition because of their high degree of competition. ...

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