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Oligopoly is a market situation in which there are only a ______ sellers in the industry. - Economics

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Question

Oligopoly is a market situation in which there are only a ______ sellers in the industry.

Options

  • Few

  • Large

  • Futuristic

  • Maximum

MCQ
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Solution

Oligopoly is a market situation in which there are only a few sellers in the industry.

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Forms of Market Structure - Oligopoly
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Chapter 5: Meaning and Types of Markets - Exercise [Page 115]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 5 Meaning and Types of Markets
Exercise | Q 24. | Page 115
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