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Match the correct combinations in Column 1 and Column 2. Column 1 1. Demand curve of perfect competition 2. Demand curve of monopoly 3. Demand curve of monopolistic competition

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Question

Match the correct combinations in Column 1 and Column 2.

Column 1 Column 2
1. Demand curve of perfect competition a. Downward sloping
2. Demand curve of monopoly b. Horizontal to X-axis
3. Demand curve of monopolistic competition c. Indeterminate
4. Demand curve of oligopoly d. Downward sloping
Match the Columns
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Solution

Column 1 Column 2
1. Demand curve of perfect competition b. Horizontal to X-axis
2. Demand curve of monopoly a. Downward sloping
3. Demand curve of monopolistic competition d. Downward sloping
4. Demand curve of oligopoly c. Indeterminate
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Chapter 9: Forms of Market - TEST YOURSELF QUESTIONS [Page 194]

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Frank Economics [English] Class 12 ISC
Chapter 9 Forms of Market
TEST YOURSELF QUESTIONS | Q 22. | Page 194
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