Economy, asked by kanchansingh6482, 1 year ago

Which of the following statements is incorrect? (a) Under monopoly there is no difference between a firm and an industry (b) A monopolist may restrict the output and raises the price (c) Commodities offered for sale under a perfect competition will be heterogeneous (d) Product differentiation is peculiar to monopolistic competition

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Answered by tanmaybhere100

3

c) Commodities offered for sale under a perfect competition will be heterogeneous

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