A situation where there is only one buyer is called
| A. | Monopoly |
| B. | Oligopoly |
| C. | Monopsony |
| D. | Perfect competition |
Answer : C Explanation : RajpolBharadwaj said: (11:44pm on Wednesday 25th October 2017)
Why not monopoly? As per i am concern it is monopoly.
smritishukla said: (3:30am on Friday 29th December 2017)
its talking abt buyer not the seller....in monopoly there is a single seller but many buyers
Sachin said: (3:38am on Sunday 25th February 2018)
Not monopoly it's monopsony
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
