Market Structure
The charging of different prices to different group of buyers for the same goods or services is called
A monopolistic competition
B price determination
C price discrimination
D monopoly
The monopolist power can be controlled by the government through
A labour union
B price legislation
C import restrictions
D export promotion
Which of the following is not a condition for a perfect market?
A homogenous commodity
B ignorance of consumers
C perfect information
D free entry and exit
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