Economics · Market Structures
Match List - I (Market Structure) with List - II (Core Characteristic) and choose the correct answer: List - I A. Monopoly B. Perfect competition C. Monopolistic competition D. Oligopoly List - II I. Free entry and exit of firms II. Single seller and no close substitutes III. Differentiated products and many sellers IV. Strategic interdependence among firms
- 1A-III, B-II, C-IV, D-I
- 2A-III, B-IV, C-I, D-II
- 3A-II, B-I, C-III, D-IV✓
- 4A-I, B-II, C-III, D-IV
Correct answer
A-II, B-I, C-III, D-IV
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