Question

3. The problem of indeterminacy is related to

1. Monopoly market
2. Oligopoly market
3. Monopolistic competition
4.Competitive market ​

Answer 1

Answer:

The indeterminacy problem is posed as a kind of paradox in the study of the sociology and history of science. ... It is often used as an argument against the rational value of scientific thought

Explanation:

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Answer 2

Answer:

Oligopoly Market is that the Correct Answer

Explanation:

A significant consequence of interdependency of corporations in associate degree oligopolistic is that under that a good style of behaviour patterns becomes attainable. “Rivals might attempt to get along and co-operate within the pursuit of their objectives, a minimum of thus far because the law permits or, at the opposite extreme, they will attempt to fight one another to the death. though they enter into associate degree agreement it should last or it should break down. and also the agreements might follow a good style of patterns.”

There­fore, an outsized style of models analysing value-output determination below marketplace are evolved by the economists relying upon the various assumptions regarding the behaviour of the oligopolistic cluster and also the reaction patterns of rivals to a amendment in price or output by a firm.

Another issue that arises from interdependency of oligopolistic corporations is that the indeterminacy of the demand curves facing individual corporations. as a result of the inter­dependence associate degree oligopolistic firm cannot assume that its rival corporations can keep their value and quanti­ties constant once it makes changes in its value.

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