which of the following is the basic characteristic of oligopoly | Examsbook

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Q: Which of the following is the basic characteristic of Oligopoly ?

1
a few sellers, many buyers
2
many sellers, a few buyers
3
a few sellers, a few buyers
4
a few sellers, one buyer

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Answer : 1. "a few sellers, many buyers"
Explanation :
Answer: A) a few sellers, many buyers Explanation:

Bank Exams IIT JEE CAT Indian Economy

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