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प्रश्न
State whether the following statement is TRUE and FALSE.
In a monopoly market, firm and industry are the same.
पर्याय
True
False
MCQ
चूक किंवा बरोबर
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उत्तर
True
A monopoly market consists of only one seller or firm. This single firm caters to the needs of a large number of buyers. Because there is only firm in the market, the firm is regarded as the industry.
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