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    3. Agriculture
    4. Agri economics
    5. Which of the following markets is based on degree of competition?

    Question

    Which of the following markets is based on degree of

    competition?
    A Forward market Correct Answer Incorrect Answer
    B Periodic market Correct Answer Incorrect Answer
    C Specialised market Correct Answer Incorrect Answer
    D Perfect market Correct Answer Incorrect Answer

    Solution

    In a perfect market, there is a high degree of competition among buyers and sellers.

    Practice Next
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