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264

Q:

What is the number of sellers in a monopolistic market structure?

  • 1
    very few
  • 2
    very much
  • 3
    one
  • 4
    two
  • Show Answer
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Answer : 3. "one"
Explanation :

In monopolistic competition, you can find two and more sellers that compete with each other, whereas in a monopoly, there is only one seller.

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