Which is a basis for the classification of the market ?
(A) Perfect competition
(B) Zero competition monopoly
(C) Imperfect competition
(D) All of these
Answers
Answered by
3
Answer:
(D) All of these
MARK AS BRAINLIEST
Answered by
0
Answer:
All of these
Explanation:
All the three given option are the basis for the classification of the market.
- Perfect competition refers to a market where companies can freely enter and exit and deal in identical products where market share does not influence prices.
- Zero competition monopoly is the market structure where there exist only one seller dealing in a unique product with no competition whatsoever.
- Imperfect Competition refers to the market structure having many sellers and selling dissimilar products and have competition from other sellers and market share influences the price.
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