12th Class Economics Solved Paper - Economics 2016 Outside Delhi Set-I

  • question_answer
    Differentiated products is a characteristic of (choose correct answer):
    (a) Monopolistic competition only                  
    (b) Oligopoly only
    (c) Both monopolistic competition and oligopoly
    (d) Monopoly

    Answer:

    Differentiated product is a characteristic of both monopolistic competition and oligopoly.


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