Economics · Market Structures
Oligopoly firms setting their prices and letting the market determine the quantity sold is described by the ----- model.
- 1Cournot
- 2Bertrand✓
- 3Stackelberg
- 4Chamberlin
Correct answer
Bertrand
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Market Structures?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Market Structures