हिंदी

Which of the following market structure is the opposite extreme of perfect competition? - Economics

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प्रश्न

Which of the following market structure is the opposite extreme of perfect competition?

विकल्प

  • Monopolistic competition

  • Duopoly

  • Monopoly

  • None of these

MCQ
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उत्तर

Monopoly

Explanation:

A monopoly is the opposite of perfect competition because it involves a single seller dominating the market, unlike perfect competition, which involves many sellers.

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अध्याय 9: Forms of Market - TEST YOURSELF QUESTIONS [पृष्ठ १८१]

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फ्रैंक Economics [English] Class 12 ISC
अध्याय 9 Forms of Market
TEST YOURSELF QUESTIONS | Q 8. | पृष्ठ १८१
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