🎖️ Defence📈 Economics

A market, in which there are a large number of firms, homogeneous product, infinite elasticity of demand for an individu…

Q1
A market, in which there are a large number of firms, homogeneous product, infinite elasticity of demand for an individual firm and no control over price by firms, is termed as
aoligopoly
bimperfect competition
cmonopolistic competition
dperfect competition
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