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Choose the correct option: Homogeneous product is a feature of this market. - Economics

MCQ

Choose the correct option:

Homogeneous product is a feature of this market.

a) Monopoly

b) Monopolistic competition

c) Perfect competition

d) Oligopoly

Options

  • c and d

  • a, b and c

  • a, c and d

  • only c

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Solution

c and d

Concept: Classification of Market
  Is there an error in this question or solution?
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APPEARS IN

Balbharati Economics 12th Standard HSC Maharashtra State Board
Chapter 5 Forms of Market
Exercise | Q 1. (3) | Page 52
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