Question

A large number of restrictions are found in:
a Monopolistic competition
* Flag question
bb and c
c Oligopoly and Monopoly
d Monopoly​

Answer 1

Answer:

d) monopoly

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Answer 2

A large number of restrictions are found in:

a Monopolistic competition

c Oligopoly and Monopoly

d Monopoly​

The correct option is:

d Monopoly​

Explanation:

There are various types of restrictions in a monopoly market. A monopoly market refers to a market in which only one or two waters have a monopoly. There are various types of restrictions in this type of market, which makes it difficult for new firms or traders to enter. In this market, the already established firms maintain their monopoly and many types of restrictions are imposed in the market, which makes it very difficult for new firms to enter.

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Learn more:

Economic activity which can be carried on without any minimum qualification is

(a) Business

(b) Profussion

(c) Employment

(d) None of the above

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Which of the following is not the subject matter of Business Economics ?

A. Should our firm be in this business?

B. How much should be produced and at price should be kept ?

C. How will the product be placed in the market?

D. How should we decrease unemployment in the economy?

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