Match the characteristics with their market structure:(a) MR = MP(b) Elasticity of demand depends on pricing policies of rivals

Question

TuteeHUB · Accepted Answer

(a) Pure Monopoly, (b) Monopolistic competition

TuteeHUB · Answer

(a) Pure Monopoly, (b) Oligopoly

TuteeHUB · Answer

(a) Pure competition, (b) Pure Monopoly

TuteeHUB · Answer

(a) Pure competition, (b) Oligopoly

1.	Match the characteristics with their market structure:(a) MR = MP(b) Elasticity of demand depends on pricing policies of rivals
A.	(a) Pure Monopoly, (b) Oligopoly
B.	(a) Pure competition, (b) Pure Monopoly
C.	(a) Pure competition, (b) Oligopoly
D.	(a) Pure Monopoly, (b) Monopolistic competition
Answer» D. (a) Pure Monopoly, (b) Monopolistic competition

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