📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    âš¡ Azaadi sale - Celebrate Independence Day with Flat 55% Off On all courses! 13 to 17 Aug âš¡ Enroll Now

    Question

    Which of the following is not true

    Monopoly form of market organization may be result of increasing returns to scale Monopoly form of markets organization may be result of patent or government decision Monopoly form of market organization may be result of control over the supply of raw material Monopoly form of market organization may be result of control over the demand for raw material
    A 1 only Correct Answer Incorrect Answer
    B 2 only Correct Answer Incorrect Answer
    C 3 only Correct Answer Incorrect Answer
    D 4 only Correct Answer Incorrect Answer
    E 1 and 3 only Correct Answer Incorrect Answer

    Solution

    Monopolies can be considered an extreme result of free-market capitalism and are often used to describe an entity that has total or near-total control of a market.

    Practice Next
    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call