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Meaning and Types of Markets — Economics STD 10 — Question

ICSE BoardEnglish MediumSTD 10EconomicsMeaning and Types of Markets1 Mark
MCQ
Differentiated products' is a characteristic of:
  • A
    Monopolistic competition only
  • B
    Imperfect oligopoly only
  • ✓
    Both monopolistic competition and imperfect oligopoly only
  • D
    Monopoly
✓

Answer

Correct option: C.
Both monopolistic competition and imperfect oligopoly only
C

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