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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

In which market form, does absence of competition prevail?

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Question

In which market form, does absence of competition prevail?

Options

  • Perfect competition

  • Monopoly

  • Duopoly

  • Oligopoly

MCQ
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Solution

Monopoly

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Chapter 5: Market Structure and Pricing - Model Questions - Part A [Page 118]

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Samacheer Kalvi Economics [English] Class 11 TN Board
Chapter 5 Market Structure and Pricing
Model Questions - Part A | Q 18 | Page 118
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