MCQOPTIONS
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| 1. |
A market, in which there are a large number of firms, homogeneous product, infinite elasticity of demand for an individual firm and no control over price by firms, is termed as________. |
| A. | Oligopoly |
| B. | Imperfect competition |
| C. | Monopolistic competition |
| D. | Perfect competition |
| Answer» E. | |