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    Business
  3. Study Set
    Micro economics 2
  4. Exam
    Exam 16: Market Structures and Equilibrium
  5. Question
    When There Are Only Two Sellers, the Market Is Called
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When There Are Only Two Sellers, the Market Is Called

Question 3

Question 3

Multiple Choice

When there are only two sellers, the market is called as:


A) Oligopoly
B) Monopsony
C) Duopoly
D) Bilateral monopoly

Correct Answer:

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