Question

    In duopsony market there will

    be 
    A One buyer Correct Answer Incorrect Answer
    B One seller Correct Answer Incorrect Answer
    C Two buyers Correct Answer Incorrect Answer
    D Two sellers Correct Answer Incorrect Answer

    Solution

    Two buyers - A duopsony market is characterized by the presence of only two buyers.

    Practice Next

    Relevant for Exams:

    Hey, Don't leave. If you have any queries regarding any exam let us know here.

    ask-question