Which market is characterized by a small number of large buyers who control all purchases and therefore the market price of a good a service ?

Related Mcqs:

What is called the minimum price of a commodity that is fixed by government in order to save the interests of producer of raw materials ?

A. Floor price B. Fixed price C. Bid price D. Basic price...

Mention the theory of inflation or price increase that results from so-called excess demand ?

A. Demand curve theory B. Cost-push inflation C. Demand-pull inflation D. Demand push inflation...

Market in which forces of demand and supply are not in the control of government is called ?

A. Market Economy B. Free Market C. Both of them D. None of them...

Trade between two countries can be useful if cost ratios of goods are ?

A. Equal B. Different C. Undetermined D. Decreasing...

Total number of adults currently employed or actively seeking work in all economic sectors is known as ?

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