‘A Few Big Sellers’ is a Characteristics of : (Choose the Correct Alternative) - CBSE (Arts) Class 12 - Economics
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‘A few big sellers’ is a characteristics of : (choose the correct alternative)
a. Perfect competition
b. Monopolistic competition
d. None of the above
The correct option is (c). Under oligopoly, only few firms but they are big firms with a large number of buyers dominate the market for product.
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Solution ‘A Few Big Sellers’ is a Characteristics of : (Choose the Correct Alternative) Concept: Main Market Forms.