A. | Arc elasticity |
B. | Point elasticity |
C. | Both (a) and (b) |
D. | None |
Option: A Explanation : Click on Discuss to view users comments. |
How many sellers are present in duopoly?
A. | 1 |
B. | 2 |
C. | 3 |
D. | 4 |
Option: B Explanation : Click on Discuss to view users comments. |
Efficient allocation of resources is achieved to greatest extent under
A. | Monopoly |
B. | Perfect competition |
C. | Oligopoly |
D. | Monopolistic competition |
Option: B Explanation : Click on Discuss to view users comments. |