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Question
In which type of market, AR, and MR are equal ______.
Options
Duopoly
Perfect competition
Monopolistic competition
Oligopoly
Solution
In which type of market, AR, and MR are equal Perfect competition.
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Homogeneous product is a feature of this market.
- Monopoly
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- Oligopoly
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
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Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
