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Meaning and Types of Markets — Economics STD 10 — Question

ICSE BoardEnglish MediumSTD 10EconomicsMeaning and Types of Markets1 Mark
MCQ
In monopolistic competition, there are _________ :
  • A
    Few firms selling differentiated products.
  • ✓
    Large number of firms selling differentiated products.
  • C
    Large number of firms selling homogeneous products.
  • D
    Few firms selling a homogeneous products.
✓

Answer

Correct option: B.
Large number of firms selling differentiated products.
B

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