Business Studies, asked by jagdeeshpatel049, 7 days ago

15. When the market is run by a small number of firms that together control the majority of market share is known as a)Oligopoly
b)Duopoly
c)Oligopsony
d)Perfect competition

Answers

Answered by avinashkrchauhan2

1

Answer:

no C

Explanation:

is the right answer

it may be helpful

Answered by mamtameena18480

1

Explanation:

Oligopoly

Oligopoly is a market structure with a small number of firms, none of which can keep the others from having significant influence. The concentration ratio measures the market share of the largest firms. A monopoly is one firm, a duopoly is two firms and an oligopoly is two or more firms.

HENCE OPTION C IS CORRECT

Previous Question

Next Question

Similar questions

English, 3 days ago

WHICH IS YOUR FAVORITE SUBJECT...

English, 3 days ago

A tiebreaker is an additional contest or period of play designed to establish a winner among tied contestants. Which situation below is the best example of a tiebreaker . A. at half time the score is tied at 28 B. Mary and Megha have each scored three goals in the game. C. the referee tosses of a coin to decide which team will possession of the first ball D. the sharks and the bears each...

Science, 3 days ago

if you don't know the answer don't answer...

English, 7 days ago

7. I'd like to have a word with you. Yes, but ___? A) about what we have to talk B) what we have to talk about C) what do we have to talk about D) what about we have to talk E) we have to talk about what ...

Geography, 7 days ago

please give me answer in telugu...

Math, 8 months ago

6√27÷2√3 is equal to ...

Math, 8 months ago

inter 2 x minus 1 into x square is equal to 2 into x minus 1 into into x minus 3 into plus one...

English, 8 months ago

who was future tens...