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प्रश्न
A bilateral monopoly exists when there is ______.
पर्याय
Many sellers and one buyer
One seller and many buyers
One seller and one buyer
Many sellers and many buyers
MCQ
रिकाम्या जागा भरा
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उत्तर
A bilateral monopoly exists when there is one seller and one buyer.
Explanation:
It is a market with a single seller (monopolist) and a single buyer (monopsonist).
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