Question

If the total production in an economy is produced by a few big firms then this market is known as -; 1) Monopolistic competition; 2) Oligopoly; 3) Duopoly; 4) Discriminating monopoly

Answer 1

HEY MATE HERE IS YOUR ANSWER

OPTION A

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Answer 2

Heya mate
The answer of ur question is



♢ If the total production in an economy is produced by a few big firms then this market is known as monopolistic competition ....


hope it helps