menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Micro economics 2
  4. Exam
    Exam 8: Understanding Market Structures and Firm Behavior
  5. Question
    The Marker Structure Which Have Very Large Number of Sellers
Solved

The Marker Structure Which Have Very Large Number of Sellers

Question 10

Question 10

Multiple Choice

The marker structure which have very large number of sellers selling Identical products is called


A) Perfect competition
B) Monopoly
C) Monopolistic competition
D) Oligopoly

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q5: If an imperfectly competitive firm is producing

Q6: Lerner Index is a measure of:<br>A)Elasticity of

Q7: Which of the following is a characteristic

Q8: The marker structure which have large number

Q9: Marginal revenue is equal to price for

Q11: Individual firm has no control on the

Q12: When a perfectly competitive industry is in

Q13: A monopolist produces 14,000 units of output

Q14: Third degree price discrimination occurs when the

Q15: Which of the following is a criticism

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines