GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Market imperfections in the in the country are reflected in
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price rigidity
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factor immobility
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lack of specialisation
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All of the above
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Explanation:
Detailed explanation-1: -Market imperfections of a country are reflected in things such as price rigidity, factor immobility, and lack of specialization.
Detailed explanation-2: -Two important market imperfections are trade barriers and specialized knowledge, such as technical expertise of engineers or the special marketing abilities of managers.
There is 1 question to complete.