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Non-Competitive Markets — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsNon-Competitive Markets1 Mark
MCQ
A Market structure which produces heterogeneous products is called:
  • A
    Monopoly.
  • ✓
    Monopolistic competition.
  • C
    Perfect competition.
  • D
    None of the above.
✓

Answer

Correct option: B.
Monopolistic competition.

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