Economics · Market Structures
Oligopsony is defined as a market structure characterized by:
- 1a large number of sellers
- 2a small number of buyers but limited to a few✓
- 3only one buyer
- 4only two buyers
Correct answer
a small number of buyers but limited to a few
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