Monopoly and oligopoly are the examples of___________________?

Related Mcqs:

An economic system in which property resources are privately owned and markets and prices are used to direct and coordinate economic activities________________?

A. Pure capitalism B. Command Economy C. Closed economy D. Open economy...

The ability of Market forces to synchronize selling and buying decision to eliminate potential surpluses and shortages is known as_________________?

A. Generalization B. Specification C. Rationing function of the price D. None...

The portion of economy consisting of Agriculture, Forestry, Hunting and Fishing ?

A. Agricultural sector B. Rural sector C. Farm economy D. All...

A tax which is a constant amount at all levels of GDP is termwd as ?

A. Fixed tax B. Surcharge C. Lump sum tax D. None...

A market situation in which a product that does not have close substitutes is being produced and sold by a single seller?

A. Oligopoly B. Monopoly C. Perfect competition D. None...