GkSeries.com

Banking System and Capital Market Questions and Answers for Competitive Exams

Home/
General Knowledge/
a situation of large number of firms producing similar goods is termed as

By Gkseries see more questions

Q.

A situation of large number of firms producing similar goods is termed as:

[A] Oligopoly

[B] Pure competition

[C] Perfect competition

[D] Monopolistic competition

Answer & Explanation
Answer: Option [B]

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Read More Economics Solved Questions

Please share this page

Click Here to Read more questions

Teacher Eligibility Test