ECONOMICS
COMPETITION AND MARKET STRUCTURES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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This market structure has a large number of buyers and sellers with identical products
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Perfect Competition
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Monopolistic Competition
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Oligopoly
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Monopoly
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Explanation:
Detailed explanation-1: -Perfect competition is a market in which:-There is generally a large number of buyers and sellers.-Buyers and sellers sell identical products (there is no need for advertising).
There is 1 question to complete.