Match column B and Q with column A.ABCPerfect competitionA few firmsPr – InterviewSolution

1.

Match column B and Q with column A.ABCPerfect competitionA few firmsPrice makerMonopolistic competitionsingle firmHomogenous productsOligopolyLarge number of firmsDifferentiated productsMonopolyFairly large number of firmsHomogenous or differentiated products

Answer»

A	B	C
Perfect competition	Large number of firms	Homogeneous products
Monopolistic competition	Fairly large number of firms	Differentiated products
Oligopoly	A few firm	Homogeneous or differentiated products
Monopoly	Single firm	Price maker

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