Demand and Supply MCQs

In which form of the market structure in the degree of control over the price of its product by a firm very large?

September 27, 2022

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In which form of the market structure in the degree of control over the price of its product by a firm very large?

Q. In which form of the market structure in the degree of control over the price of its product by a firm very large?

A. Monopoly

B. Imperfect competition

C. Oligopoly

D. Perfect competition

Answer: Monopoly

In which form of the market structure in the degree of control over the price of its product by a firm very large?

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