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21-07-2022
Social Studies

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Which of the following is NOT one of the types of markets we discussed?
A. oxymoron
B. perfect competition
C. monopolistic
D. oligopoly

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1207449 1207449

21-07-2022

Answer: D. Oligopoly

Explanation: A perfect competition market describes an arrangement where there exists man buyers and sellers trading an identical goods for which neither the buyers nor the seller can exercise significant market power. The buyers cannot influence the price and the sellers also cannot influence the price .

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