Q. Under which of the following forms of market structure does a firm have no control over the price of its product?
A. Monopoly
B. Monopolistic competition
C. Oligopoly
D. Perfect competition
Answer: Perfect competition
Q. Under which of the following forms of market structure does a firm have no control over the price of its product?
A. Monopoly
B. Monopolistic competition
C. Oligopoly
D. Perfect competition
Answer: Perfect competition